Wal-Mart Increases Annual Dividend By Over 15 Percent

[Robbien]

BENTONVILLE, Ark., March 3 /PRNewswire-FirstCall/ -- The Board of Directors of Wal-Mart Stores, Inc. (NYSE: WMT - News) has approved an increase in the annual dividend to $0.60 per share, a 15.4% increase from the $0.52 per share paid during the previous fiscal year.

. . .

Based upon this announced increase, the Company plans to return more than $2.5 billion to its shareholders in the form of dividends this fiscal year. Wal-Mart has increased its dividend every year since its first declared dividend in March 1974.

http://biz.yahoo.com/prnews/050303/dath028_1.html

According to yahoo finance: The % of Shares Held by All Insiders and Owners is 40%.

So 40% of this $2.5 billion dividend is $1.0 billion. That should help the Waltons put food on the table this year.

[intheflow]

1. But unionizing will bankrupt them.

:eyes: :grr: :eyes: :grr: :eyes: :grr: :eyes: :grr: :eyes: :grr: :eyes: :grr: :eyes: :grr: :eyes: :grr: :eyes: :grr:

[Turbineguy]

2. This may be a stupid question but......

How much of a raise did Wallmart Employees get?

[Commie Pinko Dirtbag]

3. If you own their stock you're an accomplice. Sell. (nt)

[Demobrat]

4. This is good news if you're a major stockholder.

Like John Kerry, for instance.

[Seabiscuit]

5. They can increase it 10,000 percent and I still wouldn't buy one share.

[Scooter24]

6. I am happy to hear this

Though I only own 800 shares which is about .000001%, my return will be quite minimal :D

Hopefully this will prompt some movement.