Walmart raises annual dividend to $2.00 per share, representing the 43rd consecutive year of dividend increases

Feb. 18, 2016

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BENTONVILLE, Ark., February 18, 2016 – The Board of Directors of Wal-Mart Stores, Inc. (NYSE: WMT) approved an annual cash dividend for fiscal year 2017 of $2.00 per share, an increase of two percent from the $1.96 per share paid for the last fiscal year. The fiscal year 2017 annual dividend of $2.00 per share will be paid in four quarterly installments of $0.50 per share, according to the following record and payable dates:

Record Dates Payable Dates
March 11, 2016 April 4, 2016
May 13, 2016 June 6, 2016
August 12, 2016 September 6, 2016
December 9, 2016 January 3, 2017

“We’ve had a long history of returns to shareholders, and we’re pleased to continue building on that by raising our annual dividend for the 43rd consecutive year,” said Brett Biggs, chief financial officer at Walmart. “We are proud of our performance, strong balance sheet and consistent cash flow that enables us to generate significant returns to shareholders while investing for the future to improve our stores, innovate through new initiatives and strengthen digital relationships with our customers.”

About Walmart
Wal-Mart Stores, Inc. (WMT: NYSE) helps people around the world save money and live better - anytime and anywhere - in retail stores, online, and through their mobile devices. Each week, nearly 260 million customers and members visit our 11,535 stores under 72 banners in 28 countries and e-commerce websites in 11 countries. With fiscal year 2016 revenue of $482.1 billion, Walmart employs approximately 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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