Walmart increases annual dividend 9% to 83c per share

The board of directors of Walmart approved an annual cash dividend for fiscal year 2025 of 83c per share on a post-stock split basis, or $2.49 per share on a pre-split basis. This represents an approximately 9% increase from the $2.28 per share paid for the last fiscal year. The fiscal year 2025 annual dividend of 83c per share will be paid in four quarterly installments of $0.2075 per share. On January 30, 2024, Walmart announced the board of directors authorized a 3-for-1 forward split of common stock and a proportionate increase in the number of authorized shares. As a result of the stock split, each holder of record of common stock as of the close of business on February 22 will receive two additional shares of common stock, to be distributed after the close of trading on February 23. Trading in the company’s common stock on a post-split basis will begin on February 26.