Walmart raises annual dividend to $2.12 per share, marking 46th consecutive year of dividend increases
February 19 2019 - 7:03AM
Business Wire
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, according to the following record and payable
dates:
Record
Dates
Payable
Dates
Mar. 15, 2019 Apr. 1, 2019
May 10,
2019 Jun. 3, 2019
Aug. 9, 2019 Sept. 3, 2019
Dec. 6, 2019 Jan. 2, 2020
“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.
About Walmart
Walmart Inc. (NYSE: WMT) helps people around the world save
money and live better - anytime and anywhere – in retail stores,
online, and through their mobile devices. Each week, over 275
million customers and members visit our more than 11,300 stores
under 58 banners in 27 countries and eCommerce websites. With
fiscal year 2019 revenue of $514.4 billion, Walmart employs over
2.2 million associates worldwide. Walmart continues to be a leader
in sustainability, corporate philanthropy and employment
opportunity. Additional information about Walmart can be found by
visiting http://corporate.walmart.com, on Facebook at
http://facebook.com/walmart and on Twitter at
http://twitter.com/walmart.
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