does walmart stock give dividends

This article answers “does walmart stock give dividends”, explains Walmart’s dividend policy, recent increases (Feb 20, 2024 and Feb 20, 2025), payment mechanics, tax basics, and where investors ca...

2026-01-26 03:03:00

By Lily Wong

Article rating

4.4

111 ratings

Bitget offers a variety of ways to buy or sell popular cryptocurrencies. Buy now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Does Walmart stock give dividends?

Yes — does walmart stock give dividends is a direct question with a clear answer: Walmart Inc. (ticker WMT) pays regular cash dividends to its common shareholders. This guide explains how Walmart’s dividend program works, the company’s recent dividend increases, how payments and record dates function, key metrics investors watch, taxation basics, and where to confirm the latest declarations. Readers will learn what to expect if they hold WMT shares and how to verify amounts and dates with official sources.

Overview

Walmart Inc. (ticker WMT) is a large U.S. retail company listed on U.S. exchanges. The company distributes cash to shareholders through a regular dividend program. For investors asking does walmart stock give dividends, the short answer is that Walmart pays quarterly cash dividends and has a long history of returning capital to shareholders through dividends and share repurchases. Dividends are a component of Walmart’s capital allocation strategy alongside investments in stores, e‑commerce, and strategic initiatives.

Dividend policy

Walmart’s dividend policy centers on paying a regular quarterly cash dividend that the board of directors reviews and declares. The board considers the company’s cash flow, earnings, capital requirements for operations and growth, balance sheet strength, and broader economic conditions before setting or changing the dividend.

Key points about the policy:

Dividends are declared by the board and are therefore subject to board approval.
Payouts are generally quarterly and paid in cash to shareholders of record on specified record dates.
Walmart balances dividend payments with share repurchases and capital expenditures.
The board may increase, decrease, suspend, or eliminate the dividend depending on corporate needs and financial conditions.

Because dividend decisions are discretionary, past increases are informative but not guarantees. The question does walmart stock give dividends is best answered by checking the latest board declaration and the investor relations dividend page.

Dividend history and track record

Walmart has a long history of paying dividends and a record of consecutive annual dividend increases stretching across multiple decades. The company’s dividend history is notable among large U.S. retailers for both longevity and periodic growth.

Historical pattern:

Walmart historically paid dividends on a quarterly basis, with occasional increases announced by the board.
The company has a multi‑decade record of increasing its annual dividend, demonstrating a commitment to shareholder returns.
When Walmart has executed corporate actions such as stock splits, per‑share dividend amounts have been adjusted to maintain comparability on a post‑split basis.

Because of stock splits and the board’s periodic adjustments, published dividend figures may appear in pre‑split or post‑split terms. Official investor communications and dividend history pages indicate whether amounts are adjusted for share splits.

Recent dividend increases (selected announcements)

As of February 20, 2024, according to Walmart corporate press materials, the board announced an increase in the annual dividend. The Feb 20, 2024 announcement raised the annual dividend (details are included in corporate release materials and the company’s investor relations dividend page). This increase continued Walmart’s pattern of incremental dividend growth.
As of February 20, 2025, according to Walmart corporate press materials, the board again approved an increase in the annual dividend. The Feb 20, 2025 announcement raised the annual dividend rate by a further percentage over the prior level (the company reported the specific per‑share adjustments in the press release and investor materials).

When reading these releases, pay attention to whether the per‑share amounts are reported on a pre‑ or post‑split basis (see the section on corporate actions below). These announcements directly answer many investor inquiries about whether does walmart stock give dividends and how those payments have changed recently.

Recent corporate announcements (detail)

As of Feb 20, 2024, according to the company press release, Walmart’s board announced a dividend increase reflecting the board’s assessment of the company’s capital allocation priorities. The announcement specified the new annualized dividend rate and the quarterly per‑share amount, and it included record and payable dates for the upcoming distribution.
As of Feb 20, 2025, according to the company press release, Walmart’s board again voted to increase the annual dividend. The 2025 announcement raised the annualized dividend by a stated percentage compared with the prior year. The press release provided the revised per‑share quarterly payment, and it noted whether amounts were adjusted for any prior stock split.

These corporate press releases are primary sources for dividend declarations. For investors asking does walmart stock give dividends, these press releases are the definitive announcements of change.

Payment mechanics and schedule

How Walmart pays dividends and how shareholders become eligible:

Frequency: Walmart historically pays dividends quarterly.
Dates involved: When the board declares a dividend, it sets a declaration date, an amount, an ex‑dividend date, a record date, and a payable date.
- Ex‑dividend date: The first date on which new buyers of the stock are not entitled to the declared dividend. To receive the dividend, an investor must own the shares before the ex‑dividend date.
- Record date: The date on which the company reviews its shareholder records to determine who is eligible for the dividend. Typically, the record date follows the ex‑dividend date by one business day for U.S. markets because of the T+trade settlement conventions.
- Payable date: The date on which the company actually distributes the cash payment to shareholders of record.
Eligibility: To receive a dividend, your brokerage account must show you as the owner of the shares before the ex‑dividend date and you must be a shareholder of record on the record date.
Brokerage handling: Dividend payments are usually credited to an investor’s brokerage account as a cash deposit. Some brokers may send a check for large or nonstandard arrangements.
Dividend reinvestment (DRIP): If your brokerage offers a Dividend Reinvestment Plan (DRIP), dividends can often be automatically reinvested in additional Walmart shares. Check your broker’s settings or contact customer support to enable DRIP.

Because dividend timing follows established corporate procedures and exchange settlement rules, investors can predict eligibility by tracking ex‑dividend dates published in the company press release or by financial data providers.

Dividend amounts, yield and payout metrics

Investors evaluating Walmart’s dividends commonly use several metrics:

Annual dividend per share: The sum of the declared quarterly payments over a 12‑month period. Corporate press releases generally state the new annualized rate when increases are declared.
Quarterly per‑share payment: The cash amount paid per share each quarter after a declaration.
Dividend yield: Calculated as the annual dividend per share divided by the current share price. Because the share price changes daily, the yield fluctuates with market movements.
Payout ratio: Expresses dividends as a percentage of earnings (or cash flow). It indicates how much of company earnings are distributed to shareholders as dividends. Lower payout ratios generally indicate greater buffer to sustain dividends if earnings decline; higher ratios can indicate less flexibility.

Example (illustrative, not investment advice): if Walmart’s annual dividend is $X per share and the stock trades at $Y, the dividend yield = X / Y. To evaluate sustainability, compare the payout ratio to historical levels and review cash flow coverage.

Data providers such as dividend history pages and equity data services report recent annualized dividends, trailing twelve‑month yields, and payout ratios. For accurate, up‑to‑date metrics, verify the figures on Walmart’s investor relations dividend page and on official filings.

Effect of stock splits and corporate actions

Stock splits increase the number of shares outstanding and reduce the per‑share price proportionally. Splits also reduce the per‑share dividend by the same factor so that total dividend payments to shareholders remain proportional.

Example mechanics: In a 3‑for‑1 forward split, a shareholder who owned 1 share before the split would own 3 shares after the split. If the quarterly dividend before the split was $0.15 per share, the post‑split per‑share dividend would typically be reported as $0.05 per share, keeping total cash received the same for that shareholder.
Reporting adjustments: Historical dividend tables are often adjusted to reflect splits so that year‑over‑year comparisons remain meaningful. Investor relations pages and data providers typically indicate whether figures have been adjusted for splits.

Walmart has completed corporate actions including a forward split in the early 2024 period; when reviewing dividend announcements and historical payments, confirm whether amounts are shown on a pre‑split or post‑split basis. This is essential to accurately answer questions like does walmart stock give dividends at comparable per‑share levels across time.

How investors receive dividends

Practical points for shareholders:

Custody: Most retail investors hold shares in a brokerage account. The brokerage is responsible for crediting dividend payments to the investor’s account on or shortly after the payable date.
Payment methods: Most brokers deposit cash directly into the investor’s account. In rare cases, certificates or mailed checks can be used, but electronic deposit is common.
DRIP options: Many brokers offer automatic reinvestment plans (DRIPs) that use dividend cash to buy additional shares or fractional shares of Walmart automatically. Check with your broker to confirm availability and enrollment procedures.
Recordkeeping: Brokers provide trade confirmations and account statements showing dividend payments, which are useful for tax reporting.
Eligibility timing: To be eligible for a dividend, you must hold the shares before the ex‑dividend date. Because settlement mechanics are standardized, buying on or after the ex‑dividend date will not entitle you to the upcoming dividend.

If you use Bitget Wallet for custody or Bitget as a trading venue that lists U.S. equities (verify product availability for your jurisdiction), check how Bitget handles dividend credits and DRIP settings in your account.

Taxation of Walmart dividends

Tax treatment varies by investor residency and the type of dividend:

U.S. resident taxpayers: Qualified dividends may be taxed at favorable long‑term capital gains rates if holding period and other IRS conditions are met; otherwise, dividends are taxed as ordinary income. Brokerage tax documents (Forms 1099‑DIV in the U.S.) report dividend income for tax filing.
Non‑U.S. investors: Dividends paid by U.S. corporations to foreign investors are generally subject to U.S. withholding tax unless reduced by a tax treaty. Non‑U.S. investors should complete the appropriate tax documentation with their broker to determine withholding rates.

Tax rules are complex and vary with individual circumstances and jurisdiction. This article does not provide tax advice; consult a qualified tax advisor or your brokerage’s tax documentation for guidance specific to your situation.

Investment considerations

When determining how dividend income from Walmart fits into an investment plan, consider these factors:

Stability and growth: Walmart’s long history of paying and increasing dividends indicates focus on shareholder returns, but stability depends on future earnings and cash flow.
Yield vs. growth trade‑off: A relatively modest yield with steady growth can be attractive for income and total return. Compare yield to peers to understand market expectations.
Payout coverage: Review Walmart’s payout ratio and operating cash flow to evaluate whether dividends are sustainably covered by operating performance.
Balance sheet strength: A conservative balance sheet provides greater ability to maintain dividends in downturns.
Strategic priorities: Walmart allocates capital to store investment, e‑commerce, technology, and share repurchases in addition to dividends; these priorities influence dividend decisions.

Remember: the question does walmart stock give dividends is binary (yes/no), but the prudence of relying on dividends for income requires assessing sustainability and alignment with your investment objectives. The board may change dividends, so monitor corporate filings and press releases for fresh information.

Risks and caveats

Dividends are discretionary: The board of directors can increase, decrease, or suspend dividends at any time.
Market and company risks: Economic downturns, competitive pressure, changes in consumer behavior, or unexpected costs could reduce earnings and cash flow, affecting dividends.
Corporate actions and accounting adjustments: Stock splits and one‑time events can complicate comparisons of historical per‑share dividend figures.

For all investors asking does walmart stock give dividends, keep these caveats in mind: the existence of a dividend today does not guarantee the same payment tomorrow.

Comparison with peers and benchmarks

To evaluate Walmart’s dividend in context, compare metrics such as yield, payout ratio, and dividend growth with peer retailers and dividend benchmarks:

Peers: Consider large U.S. retailers that also pay dividends. Compare annualized dividend per share, dividend yield, and recent growth rates.
Benchmarks: Compare Walmart’s dividend yield to dividend‑focused indices or the S&P 500 dividend yield to gauge relative attractiveness.

When comparing, adjust historical numbers for splits and other corporate actions so figures are comparable on a per‑share basis.

How to find up‑to‑date dividend information

For investors seeking the latest answers to does walmart stock give dividends and the current dividend figures, check these authoritative sources:

Walmart Investor Relations — the company’s dividend page and investor news provide primary, definitive declarations and timelines.
Corporate press releases — these announce board decisions, per‑share amounts, and record/payable/ex‑dividend dates.
SEC filings (e.g., Form 8‑K) — companies often file regulatory notices for material dividend actions.
Financial data providers and dividend history services — they compile historical tables, yields, and dates (verify with the primary corporate release when in doubt).

Always cross‑reference third‑party data with the official press release or investor relations page to confirm exact per‑share amounts and dates.

References and sources

As of Feb 20, 2024, according to Walmart corporate press materials, the board announced an annual dividend increase (see company press release dated Feb 20, 2024 for exact per‑share amounts and dates). Source: Walmart corporate press release, Feb 20, 2024.
As of Feb 20, 2025, according to Walmart corporate press materials, the board announced a further annual dividend increase (see company press release dated Feb 20, 2025 for exact per‑share amounts and dates). Source: Walmart corporate press release, Feb 20, 2025.
For dividend history tables, ex‑dividend and payable dates, and historical adjustments for splits, consult Walmart’s investor relations dividend page and established financial data providers for cross‑verification.

Note: This article references corporate press releases and investor relations materials as primary sources for dividend declarations. For the most current and precise per‑share amounts and relevant dates, check the latest corporate release and the investor relations dividend page.

Practical next steps

If you hold or plan to acquire Walmart shares and want to confirm whether does walmart stock give dividends for your planned transaction:

Verify the most recent dividend declaration on Walmart’s investor relations dividend page and read the Feb 20, 2024 and Feb 20, 2025 press releases if referenced in your analysis.
Check ex‑dividend, record, and payable dates in your brokerage platform so you know the timing for eligibility.
If you use Bitget Wallet for custody or Bitget for trading services (verify product availability in your jurisdiction), confirm how dividends are credited and whether a DRIP is available.
Consult a tax advisor for guidance on the tax treatment of dividend income for your jurisdiction and reporting obligations.

Further exploring dividend mechanics and company filings will give you confidence in answering does walmart stock give dividends for any specific holding period or transaction.

Explore Bitget resources to manage custody and dividend crediting options safely — learn more about Bitget Wallet and Bitget’s account services for up‑to‑date operational handling of dividend payments.

This article is informational and neutral in tone. It does not provide investment advice or tax advice. For decisions specific to your financial situation, consult licensed professionals.

The content above has been sourced from the internet and generated using AI. For high-quality content, please visit Bitget Academy.