There's no question that Wal-Mart (NYSE:WMT) has problems. But there's also no question that it remains a robust and thriving business that rewards shareholders with generous quarterly dividends.

Does this mean it's a great dividend stock for investors to buy today? In the video below, Motley Fool contributor John Maxfield explains why the answer is yes.

In the first case, its 2.5% yield easily outpaces the general market, measured by the S&P 500's 1.96% yield. Additionally, it distributes only 39% of its earnings to shareholders each quarter, meaning there's plenty of room left for its dividend to grow. Finally, Wal-Mart has now increased its dividend for 41 sequential years, qualifying it for inclusion in the coveted Dividend Aristocrats and suggesting that there's no reason for investors to fear that its dividend will be cut anytime soon.

As John explains, these factors make Wal-Mart one of the best dividend stocks in the market today.