Is Walmart a dividend stock?
Walmart has increased its annual cash dividend every year since first declaring a $0.05 per share annual dividend in March 1974. For additional historic dividend information, please see our annual reports.
Walmart is also a Dividend King with over 50 consecutive years of dividend raises. The yield is only 1.4%, which is far from remarkable.
Walmart has 4.49% upside potential, based on the analysts' average price target. Is WMT a Buy, Sell or Hold? Walmart has a conensus rating of Strong Buy which is based on 21 buy ratings, 4 hold ratings and 0 sell ratings.
ATLANTA--(BUSINESS WIRE)-- The Board of Directors of The Coca-Cola Company today approved the company's 62nd consecutive annual dividend increase, raising the quarterly dividend approximately 5.4% from 46 cents to 48.5 cents per common share.
Walmart first offered common stock to the public in 1970 and began trading on the New York Stock Exchange (NYSE: WMT) on August 25, 1972. We have provided an annual cash dividend, paid quarterly, to shareholders since first declaring a dividend in 1974.
Dividend Data
Walmart Inc.'s ( WMT ) dividend yield is 1.35%, which means that for every $100 invested in the company's stock, investors would receive $1.35 in dividends per year. Walmart Inc.'s payout ratio is 37.56% which means that 37.56% of the company's earnings are paid out as dividends.
COST pays a dividend of $1.02 per share. COST's annual dividend yield is 0.55%. When is Costco ex-dividend date? Costco's upcoming ex-dividend date is on Feb 01, 2024.
At that price, investors are paying a lot for Walmart's modest growth prospects. Walmart is a safe stock that has a long track record of raising its dividend, but investors should understand that that's what they're paying up for. For the right kind of investor, Walmart is a smart buy.
Instead, I'm referring to Walmart's announcement roughly two weeks ago that it plans to conduct a 3-for-1 stock split on Feb. 26, 2024. CEO Doug McMillon explained that the company is splitting its stock because its founder, Sam Walton, felt that Walmart's share price should be affordable for its associates.
Stability and Brand Name. With Walmart, it is pretty well-known what an investor is going to get from an operational perspective. Walmart remains a stable company that should be viewed as a long-term blue-chip investment. Roughly 75% of Walmart's store management began their careers as hourly employees with the company ...
What stock pays the highest dividend?
| Company | Dividend Yield |
|---|---|
| Big 5 Sporting Goods Corp (BGFV) | 16.54% |
| Arbor Realty Trust Inc. (ABR) | 13.61% |
| Chicago Atlantic Real Estate Finance Inc (REFI) | 13.22% |
| Dynex Capital, Inc. (DX) | 12.98% |
AAPL pays a dividend of $0.24 per share. AAPL's annual dividend yield is 0.52%. When is Apple ex-dividend date? Apple's previous ex-dividend date was on Feb 09, 2024.
PEP pays a dividend of $1.26 per share. PEP's annual dividend yield is 2.94%. When is PepsiCo ex-dividend date? PepsiCo's upcoming ex-dividend date is on Feb 29, 2024.
Jim Walton, Alice Walton, and Rob Walton are the top three individual shareholders of Walmart. Walmart's largest institutional investors include the John T. Walton Estate Trust, Vanguard Group, and BlackRock.
Walmart is owned by its shareholders. The Walton family is the largest shareholder of Walmart, holding 50% of the company's shares. The Walton family acquired such high ownership of the company because they are the descendants of Sam Walton, who founded the company.
Walmart is also indisputably one of the best dividend stocks for dependable dividend growth. This member of the S&P 500 Dividend Aristocrats has increased its payout annually for 50 years and counting.
Unlike many companies that provide dividends to investors, Amazon does not offer dividends. While this may make it less appealing to income-focused investors, those prioritizing long-term growth may find Amazon's profit distribution approach and growth strategies advantageous.
When does Walmart pay dividends? Walmart pays a dividend 4 times a year. Payment months are January, April, May, September.
| Year | Prediction | Change |
|---|---|---|
| 2025 | $ 184.39 | 8.24% |
| 2026 | $ 199.58 | 17.15% |
| 2027 | $ 216.01 | 26.80% |
| 2028 | $ 233.81 | 37.24% |
The dividend is a vote of confidence
Customer traffic was robust at 5% growth while average spending declined by less than 1%, management said in a recent conference call with investors. Costco has returned to impressive growth in its e-commerce business, too.
Who should buy dividend stocks?
But if you're a growth-oriented investor who isn't looking for immediate income, consider investing in stocks that have a track record of increasing their dividends as cash flows and profits increase.
SVNDY pays a dividend of $0.14 per share. SVNDY's annual dividend yield is 1.47%. When is Seven & I Holdings ex-dividend date? Seven & I Holdings's previous ex-dividend date was on Aug 30, 2023.
Investing $1,000 In Walmart IPO: Walmart offered shares for $16.50 on Oct. 1, 1970 for its IPO. A $1,000 investment could have purchased 60.61 shares of Walmart stock.
Target offers a higher yield, trades at a lower PE ratio and is more undervalued than Walmart. Nevertheless, both Target and Walmart appear to be attractive buys at the moment. For investors with a bit more tolerance for risk and volatility, however, Target could provide superior returns.
- Best safe stocks to buy.
- Berkshire Hathaway.
- The Walt Disney Company.
- Vanguard High-Dividend Yield ETF.
- Procter & Gamble.
- Vanguard Real Estate Index Fund.
- Starbucks.
- Apple.
