- 2014 Retail Store of the Year: And the winners are …
- Wal-Mart names new CEO; company vet Doug McMillon to succeed Mike Duke
- Toys ‘R’ Us moves interim CEO into role permanently; names new U.S. president
- Top 50 Global Retailers
- Wal-Mart doubles small-store expansion amid weak sales and lowered outlook
Bentonville, Ark. -- Wal-Mart Stores Inc. said Thursday it is continuing its annual tradition of increasing shareholder payout by raising its dividend by 9%.
Wal-Mart will pay a quarterly dividend of 39.75 cents on April 4 to shareholders of record on March 12. That works out to $1.59 per share for the year. The company has increased its dividend every year since its first declared dividend in March 1974.
According to Wal-Mart president and CEO Mike Duke, the company's U.S. business is back on track, and international results remain strong.