The highest yield offers dividend aristocrat Wal-Mart (US:WMT). WMT is valuated with a current P/E ratio of 13.16 and a dividend yield of 2.79 percent. In review to other American retailer, the valuation of Wal-Mart seems cheap. Selected competitors are valuated in average with 19.0 and 0.9 percent dividend yield.
But what about foreign retailer? If we take a look at international competitors like Tesco (GB:TSCO), we see that the dividend yield of the British market leader amounts to 3.27 percent. Morrison Supermarkets (GB:MRWSF) pays 2.99 percent in dividend and his British rival Sainsbury (GB:SBRY) 4.08 percent. Germans largest Retailer Metro (DE:MEO) yielded at 2.98 percent and France Carrefour (FR:CA) dividend yielded at 3.03 percent.
Here is a the table about 11 American Retailers sorted by P/E ratio:

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