Walmart Raises Annual Dividend to $2.16 per Share, Marking 47th Consecutive Year of Dividend Increases

BENTONVILLE, Ark., Feb. 18, 2020 — The Board of Directors of Walmart Inc. (NYSE: WMT) approved an annual cash dividend for fiscal year 2021 of $2.16 per share, an increase of approximately 2 percent from the $2.12 per share paid for the last fiscal year. The fiscal year 2021 annual dividend of $2.16 per share will be paid in four quarterly installments of $0.54 per share, according to the following record and payable dates:

Record Dates Payable Dates
March 20, 2020 April 6, 2020
May 8, 2020 June 1, 2020
Aug. 14, 2020 Sept. 8, 2020
Dec. 11, 2020 Jan. 4, 2021

“We’re proud of our track record of returning meaningful cash to shareholders and are pleased to be increasing our annual dividend for the 47th consecutive year,” said Brett Biggs, executive vice president and chief financial officer at Walmart Inc.

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, nearly 265 million customers and members visit approximately 11,500 stores under 56 banners in 27 countries and eCommerce websites. With fiscal year 2020 revenue of $524 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.