Walmart Inc. (NASDAQ:WMT) Plans $0.25 Quarterly Dividend

Walmart Inc. (NASDAQ:WMTGet Free Report) announced a quarterly dividend on Thursday, February 19th. Investors of record on Friday, August 21st will be given a dividend of 0.2475 per share by the retailer on Tuesday, September 8th. This represents a c) dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Friday, August 21st.

Walmart has increased its dividend by an average of 0.0%per year over the last three years and has raised its dividend every year for the last 53 years. Walmart has a payout ratio of 32.2% meaning its dividend is sufficiently covered by earnings. Analysts expect Walmart to earn $3.02 per share next year, which means the company should continue to be able to cover its $0.94 annual dividend with an expected future payout ratio of 31.1%.

Walmart Price Performance

Shares of Walmart stock traded down $1.75 during trading on Thursday, hitting $124.87. The stock had a trading volume of 42,943,075 shares, compared to its average volume of 39,484,145. The business’s 50-day moving average is $119.05 and its 200 day moving average is $108.98. Walmart has a 12 month low of $79.81 and a 12 month high of $134.69. The firm has a market cap of $995.24 billion, a price-to-earnings ratio of 43.66, a P/E/G ratio of 4.93 and a beta of 0.65. The company has a current ratio of 0.80, a quick ratio of 0.24 and a debt-to-equity ratio of 0.39.

Walmart (NASDAQ:WMTGet Free Report) last issued its quarterly earnings results on Thursday, February 19th. The retailer reported $0.74 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.73 by $0.01. Walmart had a return on equity of 21.31% and a net margin of 3.26%.The firm had revenue of $190.66 billion during the quarter, compared to the consensus estimate of $188.37 billion. During the same quarter last year, the company posted $0.66 EPS. The company’s revenue for the quarter was up 5.6% on a year-over-year basis. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q1 2027 guidance at 0.610-0.610 EPS. As a group, sell-side analysts anticipate that Walmart will post 2.55 earnings per share for the current year.

About Walmart

(Get Free Report)

Walmart is a multinational retail corporation that operates a broad portfolio of store formats and digital services. Its core business includes large-format supercenters, discount department stores, neighborhood grocery stores and a membership warehouse chain, Sam’s Club. The company’s merchandising mix covers groceries, household goods, apparel, electronics and pharmacy services, supplemented by private-label products and category-specific offerings. Walmart pairs its physical store network with online platforms and mobile applications to provide omnichannel shopping, fulfillment and delivery options for consumers and businesses.

The company was founded by Sam Walton, who opened the first store in Rogers, Arkansas in 1962; it is headquartered in Bentonville, Arkansas.

Recommended Stories

Dividend History for Walmart (NASDAQ:WMT)

Receive News & Ratings for Walmart Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Walmart and related companies with MarketBeat.com's FREE daily email newsletter.