BENTONVILLE, Ark., Feb. 19, 2019 – 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.
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.