Walmart announces a dividend increase | Arkansas Blog

Thursday, February 20, 2014

Walmart announces a dividend increase

Posted By on Thu, Feb 20, 2014 at 6:34 AM

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Walmart announced this morning an increase in the company's stock dividend from $1.88 to $1.92 a share, or slightly more than a 2 percent increase. More than half of that increase will accrue to the benefit of the family of founder Sam Walton.

The company noted that it returned $12.8 billion to shareholders in fiscal 2014 in the form of dividends and share repurchases.

The company release didn't note that the Walton family owns directly or controls about 51 percent of the company stock, meaning that more than $6 billion of those benefits accrued to the family.

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