Walmart Inc. (WMT) to Issue Quarterly Dividend of $0.25 on January 4th

Walmart Inc. (NASDAQ:WMT) announced a quarterly dividend on Thursday, February 19th. Investors of record on Friday, December 11th will be given a dividend of 0.2475 per share by the retailer on Monday, January 4th. This represents a c) annualized dividend and a yield of 0.8%. The ex-dividend date is Friday, December 11th.

Walmart has raised its dividend payment by an average of 0.0%per year over the last three years and has increased 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. Equities research 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 Trading Down 1.5%

WMT opened at $122.99 on Friday. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.79 and a quick ratio of 0.24. Walmart has a fifty-two week low of $79.81 and a fifty-two week high of $134.69. The company’s 50 day moving average price is $119.37 and its two-hundred day moving average price is $109.26. The firm has a market capitalization of $980.25 billion, a price-to-earnings ratio of 44.89, a PEG ratio of 5.07 and a beta of 0.65.

Walmart (NASDAQ:WMT) last released its quarterly earnings results on Thursday, February 19th. The retailer reported $0.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.73 by $0.01. Walmart had a net margin of 3.07% and a return on equity of 21.44%. 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 firm earned $0.66 earnings per share. 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, research analysts predict that Walmart will post 2.55 earnings per share for the current year.

Insider Buying and Selling at Walmart

In other Walmart news, EVP Donna Morris sold 76,181 shares of the firm’s stock in a transaction on Tuesday, February 3rd. The shares were sold at an average price of $123.79, for a total value of $9,430,445.99. Following the completion of the sale, the executive vice president directly owned 402,072 shares in the company, valued at approximately $49,772,492.88. This trade represents a 15.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO C Douglas Mcmillon sold 19,416 shares of the company’s stock in a transaction dated Friday, December 26th. The shares were sold at an average price of $111.83, for a total transaction of $2,171,291.28. Following the transaction, the chief executive officer owned 4,315,333 shares in the company, valued at $482,583,689.39. This represents a 0.45% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 211,696 shares of company stock valued at $25,176,467 over the last 90 days. Insiders own 0.10% of the company’s stock.

Institutional Investors Weigh In On Walmart

Several hedge funds and other institutional investors have recently modified their holdings of the company. Brighton Jones LLC increased its stake in Walmart by 28.8% during the 4th quarter. Brighton Jones LLC now owns 98,150 shares of the retailer’s stock valued at $8,868,000 after purchasing an additional 21,939 shares in the last quarter. Revolve Wealth Partners LLC lifted its stake in shares of Walmart by 5.8% in the fourth quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer’s stock valued at $800,000 after buying an additional 485 shares in the last quarter. Peterson Wealth Management grew its holdings in shares of Walmart by 3.5% during the first quarter. Peterson Wealth Management now owns 50,307 shares of the retailer’s stock valued at $4,416,000 after buying an additional 1,715 shares during the last quarter. Sivia Capital Partners LLC grew its holdings in shares of Walmart by 0.9% during the second quarter. Sivia Capital Partners LLC now owns 13,008 shares of the retailer’s stock valued at $1,272,000 after buying an additional 116 shares during the last quarter. Finally, Sequoia Financial Advisors LLC raised its holdings in shares of Walmart by 4.2% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 755,828 shares of the retailer’s stock worth $73,905,000 after acquiring an additional 30,320 shares during the last quarter. Institutional investors own 26.76% of the company’s stock.

About Walmart

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.