Category: Business

Walmart Raises Dividend a Whopping 21%

Citing increased sales, profits, and cash flow from last fiscal year, Walmart (symbol: WMT) announced an impressive dividend raise of 21% today.  Walmart is raising it’s annual dividend from the current $1.21 to an annual $1.46 payout.  That translates to an annual dividend yield of 2.73% based on todays closing price of $52.01.  After the