Walmart Inc. Increases Dividend $WMT



  • Walmart (NYSE:WMT) declares $2.12/share annual dividend, (payable in 4 installments) 1.9% increase from prior dividend of $2.08.
  • Forward yield 2.05%
  • Payable April 1; for shareholders of record March 15; ex-div March 14.
  • Payable June 3; for shareholders of record May 10; ex-div May 9.
  • Payable Sept. 3; for shareholders of record Aug. 9; ex-div Aug. 8.
  • Payable Jan. 2; for shareholders of record Dec. 6; ex-div Dec. 5.



The Board of Directors of Walmart Inc. (NYSE: WMT) approved an annual cash dividend for fiscal year 2020 of $2.12 per share, an increase of approximately two percent from the $2.08 per share paid for the last fiscal year. The fiscal year 2020 annual dividend of $2.12 per share will be paid in four quarterly installments of $0.53 per share.

“Dividends remain a key part of our capital allocation after we invest in the business to sustain long-term success,” said Brett Biggs, executive vice president and chief financial officer at Walmart Inc. “We are pleased to be increasing our annual dividend for the 46th consecutive year, which reflects the confidence we have in our future growth and strong balance sheet.”

In fiscal year 2019, Walmart returned $13.5 billion to shareholders in the form of dividends and share repurchases.

For more information, visit corporate.walmart.com


According to the list of U.S. Dividend Champions, Walmart Inc. is a Dividend Champions. WMT has a 45-year dividend raising streak.

Dividend Growth Rates
DGR
DGR
DGR
DGR
1-yr
3-yr
5-yr
10-yr
2.0
2.0
2.7
8.3






Dividend Yield Chart:



Walmart Inc stock dividend yield is close to 5-year low.


Payout Ratio:



This is the historical payout ratio of Walmart Inc. If payout ratio is close to or higher than 100%, dividends might not be sustainable.


Comments