News Formal

Walmart raises dividend 2%

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 97%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Walmart Inc. announced Tuesday that it has raised its dividend for fiscal 2021 to $2.16 per share, up 2% from the $2.12 per share in the last fiscal year. The fiscal 2021 dividend will be paid in four quarterly installments of 54 cents per share. The first payment will be on April 6 to shareholders of record as of March 20. Walmart also announced fourth-quarter earnings and revenue that missed expectations. Walmart stock is down 1.1% in Tuesday premarket trading, but up nearly 18% over the last year. The Dow Jones Industrial Average has gained 13.6% for the period.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

👍

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Walmart misses on fourth-quarter earnings as guidance shy of forecastWalmart reported a rise in fourth-quarter net income as the retailing giant issued guidance that didn't meet analyst estimates. Walmart said its fiscal...
Source: MarketWatch - 🏆 3. / 97 Read more »

As Walmart grows in e-commerce, analysts watch to see if losses will rise or shrinkScott Mushkin, founder and CEO of R5 Capital, and CNBC's Lauren Thomas join 'The Exchange' to discuss how Walmart's CEO Doug McMillon might shape the company and the Business Roundtable in the coming year. $shop ☦️🛐 The Walmart app is awful for finding anything. Search function sucks.
Source: CNBC - 🏆 12. / 72 Read more »