Does Walmart pay good dividends?
Walmart Inc. ( WMT ) dividend payments per share are an average of 1.78% over the past 12 months, 1.82% over the past 36 months, 1.85% over the past 60 months, and 1.95% over the past 120 months.
Walmart is in growth mode
After a successful 3-for-1 stock split, Walmart raised its dividend by 9%, marking the largest raise in over a decade and the 51st consecutive dividend raise. Still, Walmart only pays an $0.83-per-share quarterly dividend, which is a mere 1.3% yield.
WMT pays a dividend of $0.21 per share. WMT's annual dividend yield is 1.25%. When is Walmart ex-dividend date? Walmart's upcoming ex-dividend date is on Dec 13, 2024.
| Stock | Dividend yield |
|---|---|
| Pfizer Inc. (PFE) | 6.6% |
| Coca-Cola Co. (KO) | 3.3% |
| Johnson & Johnson (JNJ) | 3.4% |
| Prologis Inc. (PLD) | 3.7% |
The average dividend yield on S&P 500 index companies that pay a dividend historically fluctuates somewhere between 2% and 5%, depending on market conditions. 7 In general, it pays to do your homework on stocks yielding more than 8% to find out what is truly going on with the company.
This part of its business produced fiscal 2024 revenue of $114.6 billion, up over 13% from 2023. A long history of dividends adds the icing on the cake, providing a source of passive income. These various factors combine to make Walmart a worthy long-term investment.
Walmart has 8.32% upside potential, based on the analysts' average price target. Is WMT a Buy, Sell or Hold? Walmart has a conensus rating of Strong Buy which is based on 25 buy ratings, 3 hold ratings and 0 sell ratings. The average price target for Walmart is $65.73.
Walmart stock has received a consensus rating of buy. The average rating score is Aa2 and is based on 94 buy ratings, 5 hold ratings, and 0 sell ratings.
Investing $1,000 In Walmart IPO: Walmart offered shares for $16.50 on Oct. 1, 1970 for its IPO. A $1,000 investment could have purchased 60.61 shares of Walmart stock.
Does Amazon distribute dividends? We have never declared or paid cash dividends on our common stock.
Are dividends worth it?
Dividends are often a preferred investment for those who want to earn income from their investments, and potentially get a high return when they eventually sell. Take note: While dividend investing can be beneficial, there are other investment strategies to consider.
Dividends can be classified either as ordinary or qualified. Whereas ordinary dividends are taxable as ordinary income, qualified dividends that meet certain requirements are taxed at lower capital gain rates.
If you are considering a dividend-focused strategy, you should carefully assess your income needs and risk tolerance. For example, if you require an income of 100,000 per year and were looking at a dividend yield of 10%, you would need to invest 1,000,000.
( WMT ) pays dividends on a quarterly basis. The next dividend payment is planned on January 6, 2025 . Walmart Inc. ( WMT ) has increased its dividends for 49 consecutive years.
Walmart's common stock will begin trading on a post-split basis at the market open on Monday, Feb. 26, 2024, under the company's existing trading symbol “WMT.” The stock split and final ratio were approved by Walmart's board.
For information on our annual cash dividend for fiscal year 2025, please see the following press release. Walmart has increased its annual cash dividend every year since first declaring a $0.05 per share annual dividend in March 1974.
Its stock still looks reasonably valued at 26 times forward earnings, its dividend offers a decent forward yield of 1.4%, and management has raised the payout annually for 51 consecutive years. It has also bought back nearly 40% of its shares over the past two decades.
The Walton family owns about 45% of Walmart's outstanding shares through the trust and their main investment vehicle, Walton Enterprises, data compiled by Bloomberg show. Alice, Jim and Rob Walton have a combined fortune of $274 billion, according to the Bloomberg Billionaires Index.
Jim Walton owns the most shares of Walmart (WMT).
While Costco appears to have the best growth prospects, that isn't enough to make it the best investment. Walmart trades at a lower valuation, and its higher dividend yield means you will receive more in dividend payments than you would on the same amount of money invested in Costco. That makes Walmart the winner.
Is Walmart or target a better stock?
Typically investors will look for a current ratio of at least 1 or higher, but because retailers have so much money tied up in inventory, their current ratios tend to be lower. Walmart has a current ratio of 0.83, while Target comes in at 0.86, putting both companies on roughly equal footing.
It's tempting to recommend Target, with its cheaper valuation and a business that is turning around. But Walmart's demonstrated resilience in 2023 and its strong momentum going into 2024 justify its stock's higher valuation. At the two stocks' current valuations, Walmart stock looks like the better buy.
Walmart stock price stood at $59.53
According to the latest long-term forecast, Walmart price will hit $100 by the end of 2024 and then $110 by the middle of 2026. Walmart will rise to $125 within the year of 2027, $150 in 2029 and $200 in 2034.
Based on short-term price targets offered by 30 analysts, the average price target for Walmart comes to $64.97. The forecasts range from a low of $58.33 to a high of $70.00. The average price target represents an increase of 9.64% from the last closing price of $59.26.
| Year | Prediction | Change |
|---|---|---|
| 2025 | $ 64.42 | 8.24% |
| 2026 | $ 69.72 | 17.15% |
| 2027 | $ 75.46 | 26.80% |
| 2028 | $ 81.68 | 37.24% |
