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Data last updated: Aug 17, 2026
Snapshot (as of Aug 17, 2026): Walmart Inc. (WMT) pays a $0.97 annual dividend ($0.25 quarterly), yielding 0.84% at $115.27/share. Next ex-dividend date 2026-12-11. 43 consecutive years of dividend growth (Dividend Aristocrat). Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 0.84%
Annual Dividend: $0.97 per share
Payout Ratio: 33.4%
Ex-Dividend Date: 2026-12-11
Dividend Frequency: quarterly
Sector: Consumer Defensive
Years of Dividend History: 53
Walmart Inc. is one of the world's largest retailers, operating supercenters, warehouse clubs like Sam's Club, and e-commerce platforms including walmart.com and Flipkart across three global divisions. The Walmart Inc. dividend currently yields 0.84%, with a trailing annual rate of $0.9650 per share paid quarterly. The next ex-dividend date is December 11, 2026, with the last declared payment of $0.2475 per share. WMT's beta of 0.605 makes it a lower-volatility option, and its status as a Dividend Aristocrat with 43 consecutive years of increases draws income investors who prioritize payment reliability over yield size.
Walmart Inc. pays out 33.4% of earnings as dividends, a payout ratio classified as conservative (below 40%). That level of earnings retention gives WMT substantial room to maintain payments even if profits dip, and the company's broad product mix spanning groceries, pharmacy, and everyday consumables supports recurring customer demand across its store formats. Walmart Inc. dividend safety looks sound at current payout levels, though the primary pressure point is the scale of its global operations: managing costs across supercenters, international markets, and expanding e-commerce platforms introduces execution risk that could weigh on earnings over time.
Over the past 14 years, Walmart Inc. has grown its dividend at 4.8% per year from $0.4868 to $0.9400 per share (2026 data is partial and excluded from this calculation). Growth has not been linear: the largest single-year jump in the window was 18.1% in 2013, while the smallest was 1.8% in 2021. That range tells income investors what to expect from Walmart Inc. dividend history, steady annual increases that rarely excite but have not stopped.
| Period | CAGR | From | To |
|---|---|---|---|
| 3-Year | +8.0% | $0.75 (2022) | $0.94 (2025) |
| 5-Year | +5.5% | $0.72 (2020) | $0.94 (2025) |
| 10-Year | +3.7% | $0.65 (2015) | $0.94 (2025) |
WMT fits dividend investors who value payment reliability over yield size. The current yield is low (below 2%), and at 0.84% it sits well below WMT's own 5-year average of 1.47%, meaning buyers today are accepting a thinner income stream than the stock has historically offered. The 43-year consecutive increase streak earns WMT its Dividend Aristocrat status and is the clearest argument for owning it as an income holding. What an investor gets here is a conservative payout ratio of 33.4% and an unbroken raise history spanning decades. The trade-off is a yield that requires patience, not income.
WMT is a Dividend Aristocrat with 43 consecutive years of dividend increases.
| Payment Date | Amount per Share |
|---|---|
| 2026-12-11 | $0.2475 |
| 2026-08-21 | $0.2475 |
| 2026-05-08 | $0.2475 |
| 2026-03-20 | $0.2480 |
| 2025-12-12 | $0.2350 |
| 2025-08-15 | $0.2350 |
| 2025-05-09 | $0.2350 |
| 2025-03-21 | $0.2350 |
| 2024-12-13 | $0.2080 |
| 2024-08-16 | $0.2080 |
| Year | Total Dividends |
|---|---|
| 2026 | $0.9905 |
| 2025 | $0.9400 |
| 2024 | $0.8320 |
| 2023 | $0.7600 |
| 2022 | $0.7468 |
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