Walmart Inc. (WMT) Dividend History
WMT next dividend
$0.25per share · −0.2% vs last
Ex-dividend dateDec 11Friday, 2026
Payment dateJan 4Monday, 2027
Ex-dividend in 54 days. Shareholders who own WMT before the ex-dividend date receive this payment.
- 50 yearsof dividend increases
- 1973paying since
- Quarterly4 payments a year
- +5.5%5-year growth a year
- 0.83%forward yield
WMT dividend income calculator
- Dividend income a year
- $99
- Each payment
- $25
- Value of the shares
- $11,881
- Dividend yield
- 0.83%
At the latest close; forward annual dividend $0.99 per share, before tax.
WMT dividends per share by year
Dividends per shareYield at year-end (right axis)
Calendar years by ex-dividend date. Yield = the year's dividends divided by the year-end share price.
WMT dividend safety
Payout ratio (earnings)35.3%
Well covered · of trailing twelve-month earnings paid as dividends
Payout ratio (free cash flow)50.3%
Well covered · of fiscal 2026 free cash flow
Dividend growth (5 years)+5.5%
Growing · a year on average
Years of increases50
Long record · consecutive calendar years with a higher dividend
Descriptive bands, not a rating.
WMT yield on cost
| Bought | Price paid | Yield on cost | Dividends since | % of price |
|---|---|---|---|---|
| 1 year ago | $107.73 | 0.92% | $0.98 | 0.9% |
| 3 years ago | $53.85 | 1.84% | $2.71 | 5.0% |
| 5 years ago | $47.23 | 2.10% | $4.21 | 8.9% |
| 10 years ago | $22.96 | 4.31% | $7.72 | 33.6% |
| 20 years ago | $16.12 | 6.14% | $12.59 | 78.1% |
Today’s forward dividend as a yield on the price paid then, and the dividends one share has paid since (split-adjusted, before tax).
WMT dividend payments
Payment
Each bar is one payment, by ex-dividend month (last 40 payments).
WMT dividends by year
| Year | Dividends per share | Growth | Yield (year-end) | Payments |
|---|---|---|---|---|
| 2025 | $0.94 | +13.0% | 0.84% | 4 |
| 2024 | $0.83 | +9.5% | 0.92% | 4 |
| 2023 | $0.76 | +1.8% | 1.45% | 4 |
| 2022 | $0.75 | +1.8% | 1.58% | 4 |
| 2021 | $0.73 | +1.8% | 1.52% | 4 |
| 2020 | $0.72 | +1.9% | 1.50% | 4 |
| 2019 | $0.71 | +1.9% | 1.78% | 4 |
| 2018 | $0.69 | +2.0% | 2.23% | 4 |
| 2017 | $0.68 | +2.0% | 2.07% | 4 |
| 2016 | $0.67 | +2.0% | 2.89% | 4 |
| 2015 | $0.65 | +2.1% | 3.20% | 4 |
| 2014 | $0.64 | +2.1% | 2.24% | 4 |
| 2013 | $0.63 | +18.1% | 2.39% | 4 |
| 2012 | $0.53 | +9.0% | 2.33% | 4 |
| 2011 | $0.49 | +20.5% | 2.44% | 4 |
| 2010 | $0.40 | +11.0% | 2.25% | 4 |
| 2009 | $0.36 | +14.7% | 2.04% | 4 |
| 2008 | $0.32 | +8.2% | 1.70% | 4 |
| 2007 | $0.29 | +30.9% | 1.85% | 4 |
| 2006 | $0.22 | — | 1.46% | 4 |
WMT dividend history
211 payments| Ex-dividend date | Payment date | Amount | Change | Frequency |
|---|---|---|---|---|
| 2026-12-11 | 2027-01-04 | $0.2475 | −0.2% | Quarterly |
| 2026-08-21 | 2026-09-08 | $0.248 | — | Quarterly |
| 2026-05-08 | 2026-05-26 | $0.248 | — | Quarterly |
| 2026-03-20 | 2026-04-06 | $0.248 | +5.5% | Quarterly |
| 2025-12-12 | 2026-01-05 | $0.235 | — | Quarterly |
| 2025-08-15 | 2025-09-02 | $0.235 | — | Quarterly |
| 2025-05-09 | 2025-05-27 | $0.235 | — | Quarterly |
| 2025-03-21 | 2025-04-07 | $0.235 | +13.0% | Quarterly |
| 2024-12-13 | 2025-01-06 | $0.208 | — | Quarterly |
| 2024-08-16 | 2024-09-03 | $0.208 | — | Quarterly |
| 2024-05-09 | 2024-05-28 | $0.208 | — | Quarterly |
| 2024-03-14 | 2024-04-01 | $0.208 | +9.5% | Quarterly |
| 2023-12-07 | 2024-01-02 | $0.19 | — | Quarterly |
| 2023-08-10 | 2023-09-05 | $0.19 | — | Quarterly |
| 2023-05-04 | 2023-05-30 | $0.19 | — | Quarterly |
| 2023-03-16 | 2023-04-03 | $0.19 | +1.8% | Quarterly |
Show all 211 payments
| Ex-dividend date | Payment date | Amount | Change | Frequency |
|---|---|---|---|---|
| 2022-12-08 | 2023-01-03 | $0.1867 | — | Quarterly |
| 2022-08-11 | 2022-09-06 | $0.1867 | — | Quarterly |
| 2022-05-05 | 2022-05-31 | $0.1867 | — | Quarterly |
| 2022-03-17 | 2022-04-04 | $0.1867 | +1.8% | Quarterly |
| 2021-12-09 | 2022-01-03 | $0.1833 | — | Quarterly |
| 2021-08-12 | 2021-09-07 | $0.1833 | — | Quarterly |
| 2021-05-06 | 2021-06-01 | $0.1833 | — | Quarterly |
| 2021-03-18 | 2021-04-05 | $0.1833 | +1.8% | Quarterly |
| 2020-12-10 | 2021-01-04 | $0.18 | — | Quarterly |
| 2020-08-13 | 2020-09-08 | $0.18 | — | Quarterly |
| 2020-05-07 | 2020-06-01 | $0.18 | — | Quarterly |
| 2020-03-19 | 2020-04-06 | $0.18 | +1.9% | Quarterly |
| 2019-12-05 | 2020-01-02 | $0.1767 | — | Quarterly |
| 2019-08-08 | 2019-09-03 | $0.1767 | — | Quarterly |
| 2019-05-09 | 2019-06-03 | $0.1767 | — | Quarterly |
| 2019-03-14 | 2019-04-01 | $0.1767 | +1.9% | Quarterly |
| 2018-12-06 | 2019-01-02 | $0.1733 | — | Quarterly |
| 2018-08-09 | 2018-09-04 | $0.1733 | — | Quarterly |
| 2018-05-10 | 2018-06-04 | $0.1733 | — | Quarterly |
| 2018-03-08 | 2018-04-02 | $0.1733 | +2.0% | Quarterly |
| 2017-12-07 | 2018-01-02 | $0.17 | — | Quarterly |
| 2017-08-09 | 2017-09-05 | $0.17 | — | Quarterly |
| 2017-05-10 | 2017-06-05 | $0.17 | — | Quarterly |
| 2017-03-08 | 2017-04-03 | $0.17 | +2.0% | Quarterly |
| 2016-12-07 | 2017-01-03 | $0.1667 | — | Quarterly |
| 2016-08-10 | 2016-09-06 | $0.1667 | — | Quarterly |
| 2016-05-11 | 2016-06-06 | $0.1667 | — | Quarterly |
| 2016-03-09 | 2016-04-04 | $0.1667 | +2.0% | Quarterly |
| 2015-12-02 | 2016-01-04 | $0.1633 | — | Quarterly |
| 2015-08-05 | 2015-09-08 | $0.1633 | — | Quarterly |
| 2015-05-06 | 2015-06-01 | $0.1633 | — | Quarterly |
| 2015-03-11 | 2015-04-06 | $0.1633 | +2.1% | Quarterly |
| 2014-12-03 | 2015-01-05 | $0.16 | — | Quarterly |
| 2014-08-06 | 2014-09-03 | $0.16 | — | Quarterly |
| 2014-05-07 | 2014-06-02 | $0.16 | — | Quarterly |
| 2014-03-07 | 2014-04-01 | $0.16 | +2.1% | Quarterly |
| 2013-12-04 | 2014-01-02 | $0.1567 | — | Quarterly |
| 2013-08-07 | 2013-09-03 | $0.1567 | — | Quarterly |
| 2013-05-08 | 2013-06-03 | $0.1567 | — | Quarterly |
| 2013-03-08 | 2013-04-01 | $0.1567 | +18.1% | Quarterly |
| 2012-12-05 | 2012-12-27 | $0.1327 | — | Quarterly |
| 2012-08-08 | 2012-09-04 | $0.1327 | — | Quarterly |
| 2012-05-09 | 2012-06-04 | $0.1327 | — | Quarterly |
| 2012-03-08 | 2012-04-04 | $0.1327 | +9.0% | Quarterly |
| 2011-12-07 | 2012-01-03 | $0.1217 | — | Quarterly |
| 2011-08-10 | 2011-09-06 | $0.1217 | — | Quarterly |
| 2011-05-11 | 2011-06-06 | $0.1217 | — | Quarterly |
| 2011-03-09 | 2011-04-04 | $0.1217 | +20.5% | Quarterly |
| 2010-12-08 | 2011-01-03 | $0.101 | — | Quarterly |
| 2010-08-11 | 2010-09-07 | $0.101 | — | Quarterly |
| 2010-05-12 | 2010-06-01 | $0.101 | — | Quarterly |
| 2010-03-10 | 2010-04-05 | $0.101 | +11.0% | Quarterly |
| 2009-12-09 | 2010-01-04 | $0.091 | — | Quarterly |
| 2009-08-12 | 2009-09-08 | $0.091 | — | Quarterly |
| 2009-05-13 | 2009-06-01 | $0.091 | — | Quarterly |
| 2009-03-11 | 2009-04-06 | $0.091 | +14.7% | Quarterly |
| 2008-12-11 | 2009-01-02 | $0.0793 | — | Quarterly |
| 2008-08-13 | 2008-09-02 | $0.0793 | — | Quarterly |
| 2008-05-14 | 2008-06-02 | $0.0793 | — | Quarterly |
| 2008-03-12 | 2008-04-07 | $0.0793 | +8.2% | Quarterly |
| 2007-12-12 | 2008-01-02 | $0.0733 | — | Quarterly |
| 2007-08-15 | 2007-09-04 | $0.0733 | — | Quarterly |
| 2007-05-16 | 2007-06-04 | $0.0733 | — | Quarterly |
| 2007-03-14 | 2007-04-02 | $0.0733 | +30.9% | Quarterly |
| 2006-12-13 | 2007-01-02 | $0.056 | — | Quarterly |
| 2006-08-16 | 2006-09-05 | $0.056 | — | Quarterly |
| 2006-05-17 | 2006-06-05 | $0.056 | — | Quarterly |
| 2006-03-15 | 2006-04-03 | $0.056 | +12.0% | Quarterly |
| 2005-12-14 | 2006-01-03 | $0.05 | — | Quarterly |
| 2005-08-17 | 2005-09-06 | $0.05 | — | Quarterly |
| 2005-05-18 | 2005-06-06 | $0.05 | — | Quarterly |
| 2005-03-16 | 2005-04-04 | $0.05 | +15.4% | Quarterly |
| 2004-12-15 | 2005-01-03 | $0.0433 | — | Quarterly |
| 2004-08-18 | 2004-09-07 | $0.0433 | — | Quarterly |
| 2004-05-19 | 2004-06-07 | $0.0433 | — | Quarterly |
| 2004-03-17 | 2004-04-05 | $0.0433 | +44.4% | Quarterly |
| 2003-12-17 | 2004-01-05 | $0.03 | — | Quarterly |
| 2003-10-02 | 2003-10-14 | $0.03 | — | Quarterly |
| 2003-06-18 | 2003-07-07 | $0.03 | — | Quarterly |
| 2003-03-19 | 2003-04-07 | $0.03 | +20.0% | Quarterly |
| 2002-12-18 | 2003-01-06 | $0.025 | — | Quarterly |
| 2002-09-18 | 2002-10-07 | $0.025 | — | Quarterly |
| 2002-06-19 | 2002-07-08 | $0.025 | — | Quarterly |
| 2002-03-20 | 2002-04-18 | $0.025 | +7.2% | Quarterly |
| 2001-12-19 | 2002-01-07 | $0.0233 | — | Quarterly |
| 2001-09-19 | 2001-10-09 | $0.0233 | — | Quarterly |
| 2001-06-20 | 2001-07-09 | $0.0233 | — | Quarterly |
| 2001-03-21 | 2001-04-09 | $0.0233 | +16.6% | Quarterly |
| 2000-12-20 | 2001-01-08 | $0.02 | — | Quarterly |
| 2000-09-13 | 2000-10-10 | $0.02 | — | Quarterly |
| 2000-06-14 | 2000-07-10 | $0.02 | — | Quarterly |
| 2000-03-15 | 2000-04-10 | $0.02 | +20.0% | Quarterly |
| 1999-12-15 | 2000-01-10 | $0.0167 | — | Quarterly |
| 1999-09-15 | 1999-10-12 | $0.0167 | — | Quarterly |
| 1999-06-16 | 1999-07-12 | $0.0167 | — | Quarterly |
| 1999-03-17 | 1999-04-19 | $0.0167 | +28.2% | Quarterly |
| 1998-12-09 | 1999-01-11 | $0.013 | — | Quarterly |
| 1998-09-16 | 1998-10-12 | $0.013 | — | Quarterly |
| 1998-06-17 | 1998-07-13 | $0.013 | — | Quarterly |
| 1998-03-18 | 1998-04-06 | $0.013 | +14.7% | Quarterly |
| 1997-12-17 | 1998-01-12 | $0.0113 | — | Quarterly |
| 1997-09-17 | 1997-10-14 | $0.0113 | — | Quarterly |
| 1997-06-18 | 1997-07-14 | $0.0113 | — | Quarterly |
| 1997-03-17 | 1997-04-09 | $0.0113 | +30.7% | Quarterly |
| 1996-12-11 | 1997-01-17 | $0.0087 | — | Quarterly |
| 1996-08-29 | 1996-10-07 | $0.0087 | — | Quarterly |
| 1996-06-13 | 1996-07-08 | $0.0087 | — | Quarterly |
| 1996-03-15 | 1996-04-08 | $0.0087 | +4.1% | Quarterly |
| 1995-11-29 | 1996-01-05 | $0.0083 | — | Quarterly |
| 1995-08-31 | 1995-10-03 | $0.0083 | — | Quarterly |
| 1995-06-08 | 1995-07-10 | $0.0083 | — | Quarterly |
| 1995-03-15 | 1995-04-14 | $0.0083 | +19.0% | Quarterly |
| 1994-11-29 | 1995-01-05 | $0.007 | — | Quarterly |
| 1994-08-30 | 1994-10-03 | $0.007 | — | Quarterly |
| 1994-06-07 | 1994-07-08 | $0.007 | — | Quarterly |
| 1994-03-15 | 1994-04-14 | $0.007 | +31.3% | Quarterly |
| 1993-11-26 | 1994-01-05 | $0.0053 | — | Quarterly |
| 1993-08-31 | 1993-10-04 | $0.0053 | — | Quarterly |
| 1993-06-08 | 1993-07-09 | $0.0053 | — | Quarterly |
| 1993-03-17 | 1993-04-09 | $0.0053 | +23.1% | Quarterly |
| 1992-12-04 | 1993-01-06 | $0.0043 | — | Quarterly |
| 1992-09-01 | 1992-10-05 | $0.0043 | — | Quarterly |
| 1992-06-09 | 1992-07-03 | $0.0043 | — | Quarterly |
| 1992-03-17 | 1992-04-02 | $0.0043 | +23.7% | Quarterly |
| 1991-12-05 | 1992-01-03 | $0.0035 | — | Quarterly |
| 1991-08-26 | 1991-10-04 | $0.0035 | — | Quarterly |
| 1991-06-11 | 1991-07-05 | $0.0035 | — | Quarterly |
| 1991-03-18 | 1991-04-08 | $0.0035 | +19.9% | Quarterly |
| 1990-12-04 | 1991-01-02 | $0.0029 | — | Quarterly |
| 1990-08-27 | 1990-10-04 | $0.0029 | — | Quarterly |
| 1990-06-11 | 1990-07-06 | $0.0029 | — | Quarterly |
| 1990-03-19 | 1990-04-09 | $0.0029 | +27.5% | Quarterly |
| 1989-12-05 | 1990-01-02 | $0.0023 | — | Quarterly |
| 1989-08-28 | 1989-10-04 | $0.0023 | — | Quarterly |
| 1989-06-12 | 1989-07-07 | $0.0023 | — | Quarterly |
| 1989-03-17 | 1989-04-10 | $0.0023 | +37.1% | |
| 1988-12-05 | 1989-01-02 | $0.0017 | — | |
| 1988-08-29 | 1988-10-03 | $0.0017 | — | |
| 1988-06-13 | 1988-07-08 | $0.0017 | — | |
| 1988-03-17 | 1988-04-11 | $0.0017 | +33.6% | |
| 1987-12-07 | 1988-01-04 | $0.0013 | — | |
| 1987-08-27 | 1987-10-02 | $0.0013 | — | |
| 1987-06-15 | 1987-07-10 | $0.0013 | — | |
| 1987-03-17 | 1987-04-10 | $0.0013 | +42.0% | |
| 1986-12-05 | 1987-01-02 | $0.0009 | — | |
| 1986-08-26 | — | $0.0009 | — | |
| 1986-06-16 | — | $0.0009 | — | |
| 1986-03-18 | — | $0.0009 | +20.5% | |
| 1985-12-06 | — | $0.0007 | — | |
| 1985-08-27 | — | $0.0007 | — | |
| 1985-06-17 | — | $0.0007 | — | |
| 1985-03-18 | — | $0.0007 | +35.2% | |
| 1984-12-07 | — | $0.0005 | — | |
| 1984-08-28 | — | $0.0005 | — | |
| 1984-06-15 | — | $0.0005 | — | |
| 1984-03-19 | — | $0.0005 | +45.9% | |
| 1983-12-06 | — | $0.0004 | — | |
| 1983-08-29 | — | $0.0004 | — | |
| 1983-06-14 | — | $0.0004 | — | |
| 1983-03-18 | — | $0.0004 | +60.9% | |
| 1982-12-07 | — | $0.0002 | — | |
| 1982-08-30 | — | $0.0002 | — | |
| 1982-06-15 | — | $0.0002 | — | |
| 1982-03-23 | — | $0.0002 | +35.3% | |
| 1981-12-08 | — | $0.0002 | — | |
| 1981-08-31 | — | $0.0002 | — | |
| 1981-06-16 | — | $0.0002 | — | |
| 1981-03-24 | — | $0.0002 | −34.6% | |
| 1980-12-23 | — | $0.0003 | +100.0% | |
| 1980-08-29 | — | $0.0001 | — | |
| 1980-06-16 | — | $0.0001 | — | |
| 1980-03-28 | — | $0.0001 | +30.0% | |
| 1979-12-10 | — | $0.0001 | — | |
| 1979-08-31 | — | $0.0001 | — | |
| 1979-06-25 | — | $0.0001 | — | |
| 1979-03-19 | — | $0.0001 | +42.9% | |
| 1978-12-08 | — | $0.0001 | — | |
| 1978-09-01 | — | $0.0001 | — | |
| 1978-06-19 | — | $0.0001 | — | |
| 1978-03-17 | — | $0.0001 | +16.7% | |
| 1977-11-23 | — | $0.0001 | — | |
| 1977-09-02 | — | $0.0001 | — | |
| 1977-06-20 | — | $0.0001 | +100.0% | |
| 1977-03-21 | — | $0 | — | |
| 1976-12-08 | — | $0 | — | |
| 1976-09-03 | — | $0 | — | |
| 1976-06-21 | — | $0 | — | |
| 1976-03-16 | — | $0 | — | |
| 1975-12-05 | — | $0 | +50.0% | |
| 1975-09-08 | — | $0 | — | |
| 1975-06-23 | — | $0 | — | |
| 1975-03-11 | — | $0 | −33.3% | |
| 1974-09-10 | — | $0 | — | |
| 1974-03-13 | — | $0 | — | |
| 1973-08-31 | — | $0 | — |
Amounts per share, adjusted for stock splits. Highlighted rows are announced but not yet paid.
WMT stock split history
- 3:1February 26, 2024
- 2:1April 20, 1999
- 2:1February 26, 1993
- 2:1July 9, 1990
- 2:1July 13, 1987
- 2:1October 7, 1985
- 2:1July 11, 1983
- 2:1July 12, 1982
- 2:1December 17, 1980
- 2:1August 25, 1975
WMT dividend overview
Walmart pays an annual dividend of $0.99 per share, a yield of 0.83% at the latest close, paid quarterly. It paid $0.94 per share in 2025, up 13.0% from 2024. It has raised its dividend for 50 consecutive years. Over five years the dividend grew 5.5% a year on average and over ten years 3.7% a year. The payout ratio is 35.3% of trailing earnings.
Related: WMT cash flow statement, WMT key metrics, WMT chart. See the WMT stock overview for the latest quote and news.
WMT dividends FAQ
Does Walmart pay a dividend?
Yes. Walmart has paid a regular dividend since 1973, quarterly, most recently $0.25 per share with an ex-dividend date of December 11, 2026.
What is Walmart's dividend yield?
Walmart's forward annual dividend is $0.99 per share, a dividend yield of 0.83% at the latest close of $118.81.
When is Walmart's next dividend?
Walmart's next dividend of $0.25 per share goes ex-dividend on December 11, 2026 and is paid on January 4, 2027. Shareholders who own the stock before the ex-dividend date receive it.
How often does Walmart pay dividends?
Walmart pays dividends quarterly.
How fast is Walmart's dividend growing?
Walmart's dividend per share grew from $0.72 in 2020 to $0.94 in 2025, 5.5% a year on average over five years; it has increased for 50 years in a row.
What is Walmart's dividend payout ratio?
Walmart pays out 35.3% of its trailing earnings as dividends and 50.3% of its free cash flow (fiscal 2026).
Has Walmart split its stock?
Walmart has split its stock 10 times: 3:1 on February 26, 2024, 2:1 on April 20, 1999, 2:1 on February 26, 1993, 2:1 on July 9, 1990, 2:1 on July 13, 1987, 2:1 on October 7, 1985, 2:1 on July 11, 1983, 2:1 on July 12, 1982, 2:1 on December 17, 1980, 2:1 on August 25, 1975. Dividends per share on this page are adjusted for splits.