S&P 500
7,588.60
+0.51%
Dow Jones
52,758.90
+0.47%
Nasdaq 100
29,885.70
+0.46%
Russell 2000
2,982.51
-0.27%
FTSE 100
10,543.60
+0.61%
Nikkei 225
69,317.20
+0.42%

Investing

Walmart Bumps Dividend (WMT)

Photo of Paul Ausick
By Paul Ausick Published

Wal-Mart Stores Inc. (NYSE: WMT) today announced a 9% increase in its annual dividend, from $1.46/share to $1.59/share. The increase is effective with the company’s first fiscal quarter of 2013, which ends in April.

Walmart’s CEO said:

Our free cash flow continues to fund store growth across all our markets, facilitate strategic acquisitions and deliver returns to shareholders through dividends and share repurchase. We returned $11.3 billion to shareholders through dividends and share repurchase during fiscal 2012. We have high expectations for fiscal year 2013. Our core Walmart U.S. business is back on track. International remains our strong growth engine and Sam’s Club continues to drive sales momentum. And, we will continue to build our e-commerce capabilities to serve more customers around the world.

Contact [email protected] for any questions or corrections.

Follow 24/7 Wall St. on Google
Photo of Paul Ausick
About the Author Paul Ausick →

Paul Ausick has been writing for 247Wallst.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.

He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.

Continue Reading

Why Investors Love Dollar General Earnings
Chris Lange |

Why Investors Love Dollar General Earnings

Dollar General reported mixed fiscal fourth-quarter financial results before the markets opened on Thursday.

Paul Ausick |

New Dividend Adds Luster to Dollar General Earnings

Dollar General reported in-line fourth-quarter and fiscal-year 2014 earnings before markets opened Thursday morning.

Chris Lange |

Why Dollar General Is Still a Stock to Own for the Next Decade After Earnings

Dollar General reported mixed fiscal first-quarter financial results Tuesday before the markets opened.

Chris Lange |

Why Sonic Sales Don’t Taste Right to Investors

Investors appear to be less than impressed with the taste of earnings that Sonic gave them on Tuesday morning.

Trey Thoelcke |

Nike to Buy Back $8 Billion of Its Shares

Nike Inc. (NYSE: NKE) became the latest company to return money to shareholders as the economy falters. It joins a…

Chris Lange |

Target Hits the Mark on Earnings

Target reported better-than-expected fiscal first-quarter financial results Wednesday before the markets opened.

Whole Foods Earnings Dominated by the Return of John Mackey as CEO
Chris Lange |

Whole Foods Earnings Dominated by the Return of John Mackey as CEO

Whole Foods Market Inc. (NASDAQ: WFM) released its fiscal fourth-quarter earnings report after the markets closed on Wednesday. The company…

Chris Lange |

What to Expect From Dollar General Earnings

Dollar General is scheduled to report its fiscal second-quarter financial results before the markets open on Thursday.

Paul Ausick |

McDonald’s Earnings Stagnant for Lack of Fresh Ideas

McDonald's reported fourth-quarter and full-year 2013 results before markets opened Thursday morning. Earnings looked stagnant and the company seems to…

Top Gaining Stocks

Meta
META • Vol: 40,760,422
CarMax
KMX • Vol: 2,288,021
Weyerhaeuser
WY • Vol: 6,523,553
SBA Communications
SBAC • Vol: 1,443,801
NVIDIA
NVDA • Vol: 148,249,982

Top Losing Stocks

Moderna
MRNA • Vol: 9,176,778
Coterra Energy
CTRA • Vol: 73,319,495
CrowdStrike
CRWD • Vol: 9,269,567
Datadog
DDOG • Vol: 5,135,556
EPAM Systems
EPAM • Vol: 1,164,561