The following video is from this week's MarketFoolery podcast, in which host Chris Hill, along with Jason Moser and Joe Magyer, analyze the latest business news. PetSmart is increasing its dividend by 18%. The company also announced a plan to buy back $525 million in stock. In this segment, the guys discuss both moves and analyze how PetSmart is doing against other major retailers, such as Wal-Mart and Target. With shares trading at an all-time high, is now the time to buy?

Looking for dividend-paying stocks trading at bargain prices? Check out The Motley Fool's free report, "2 Dirt Cheap Stocks With HUGE Dividends." You can get analysis of a market leader in payment systems and a high-yielding energy company by accessing this report. It won't be available forever. Simply click here -- it's free.