Walmart Inc. (NASDAQ:WMT) to Issue Quarterly Dividend of $0.25

Walmart Inc. (NASDAQ:WMTGet Free Report) announced a quarterly dividend on Thursday, February 19th. Shareholders of record on Friday, August 21st will be paid 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 is Friday, August 21st.

Walmart has raised its dividend by an average of 0.0%annually 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% indicating that 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 Stock Down 1.4%

Shares of NASDAQ WMT traded down $1.75 on Thursday, reaching $124.87. 42,943,075 shares of the company’s stock traded hands, compared to its average volume of 39,484,145. The business’s 50 day simple moving average is $119.05 and its two-hundred day simple moving average is $108.98. Walmart has a 12 month low of $79.81 and a 12 month high of $134.69. The company has a market cap of $995.24 billion, a price-to-earnings ratio of 43.66, a price-to-earnings-growth ratio of 4.93 and a beta of 0.65. The company has a quick ratio of 0.24, a current ratio of 0.80 and a debt-to-equity ratio of 0.39.

Walmart (NASDAQ:WMTGet Free Report) last posted its quarterly earnings results on Thursday, February 19th. The retailer reported $0.74 earnings per share for the quarter, topping the consensus estimate of $0.73 by $0.01. The company had revenue of $190.66 billion for the quarter, compared to the consensus estimate of $188.37 billion. Walmart had a return on equity of 21.31% and a net margin of 3.26%.The firm’s quarterly revenue was up 5.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.66 EPS. 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, equities research analysts forecast that Walmart will post 2.55 EPS for the current fiscal 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.