Walmart Increases Annual Dividend by 9% to $1.59

The Board of Directors of Wal-Mart Stores, Inc. (NYSE: WMT) has approved an annual dividend of $1.59 per share, approximately a 9 percent increase from the $1.46 per share paid during fiscal year 2012. For the current fiscal year ending Jan. 31, 2013, the annual dividend of $1.59 per share will be paid in four quarterly installments of $0.3975 per share, according to the following record and payable dates: