Walmart Raises Annual Dividend to $2.24 per Share, Marking 49th Consecutive Year of Dividend Increases

The board of directors of Walmart approved an annual cash dividend for fiscal year 2023 of $2.24 per share, an increase of approximately 2 percent from the $2.20 per share paid for the last fiscal year. The fiscal year 2023 annual dividend of $2.24 per share will be paid in four quarterly installments of $0.56 per share, according to the following record and payable dates:

“We’re proud of our track record of returning meaningful cash to shareholders and are pleased to be increasing our annual dividend for the 49^th consecutive year,” said Brett Biggs, executive vice president and chief financial officer at Walmart.