Walmart (WMT) Dividend History & Yield
Dividend ChampionWalmart (WMT) has increased its dividend for 44 consecutive years and currently yields 0.74%. The most recent dividend was $0.2475/share on Apr 6, 2026, paid Quarterly.
WMT
Current Yield
0.74%
TTM Dividend/Share
$0.96
Payment Frequency
Quarterly
Payout Ratio
35.2%
Consecutive Growth Years
44 (Dividend Champion)
Div Growth (1Y CAGR)
13.25%
Div Growth (5Y CAGR)
5.48%
Div Growth (10Y CAGR)
3.71%
WMT: compare the "Now" marker to the 1Y / 3Y / 5Y averages on the scale. One valuation signal among many — review fundamentals before investing.
Dividend health
Chowder score
6.2%
FCF payout ratio
50.5%
Net debt / EBITDA
1.2x
Interest coverage
10.66x
ROIC (TTM)
15.1%
Dividend Safety Score
8 out of 8 checks passed
Payout ratio below 75%
Payout ratio is 35.2%, well below the 75% threshold.
Free cash flow covers dividend
FCF/share ($1.87) covers dividend/share ($0.96).
No dividend cuts in 10+ years
No dividend cuts in the last 10 years.
Positive earnings growth trend
Earnings per share have grown over the past 5 years.
10+ years of consecutive growth
44 consecutive years of dividend growth.
FCF payout ratio below 70%
FCF payout ratio is 50.5%, below the 70% threshold.
Net Debt/EBITDA below 3x
Net Debt/EBITDA is 1.2x.
Dividend growth ≤ earnings growth (5Y)
Dividend growth (5.5%) ≤ EPS growth (45.3%) — sustainable.
Per-payment dividend history
Ex-date Dec 11, 2026
- Payment date
- Jan 4, 2027
- Dividend
- $0.2475
- Adj. dividend
- $0.2475
Ex-date Aug 21, 2026
- Payment date
- Sep 8, 2026
- Dividend
- $0.2475
- Adj. dividend
- $0.2475
Ex-date May 8, 2026
- Payment date
- May 26, 2026
- Dividend
- $0.2475
- Adj. dividend
- $0.2475
Ex-date Mar 20, 2026
- Payment date
- Apr 6, 2026
- Dividend
- $0.2475
- Adj. dividend
- $0.2475
Ex-date Dec 12, 2025
- Payment date
- Jan 5, 2026
- Dividend
- $0.2350
- Adj. dividend
- $0.2350
Ex-date Aug 15, 2025
- Payment date
- Sep 2, 2025
- Dividend
- $0.2350
- Adj. dividend
- $0.2350
Ex-date May 9, 2025
- Payment date
- May 27, 2025
- Dividend
- $0.2350
- Adj. dividend
- $0.2350
Ex-date Mar 21, 2025
- Payment date
- Apr 7, 2025
- Dividend
- $0.2350
- Adj. dividend
- $0.2350
Ex-date Dec 13, 2024
- Payment date
- Jan 6, 2025
- Dividend
- $0.2075
- Adj. dividend
- $0.2075
Ex-date Aug 16, 2024
- Payment date
- Sep 3, 2024
- Dividend
- $0.2075
- Adj. dividend
- $0.2075
Ex-date May 9, 2024
- Payment date
- May 28, 2024
- Dividend
- $0.2075
- Adj. dividend
- $0.2075
Ex-date Mar 14, 2024
- Payment date
- Apr 1, 2024
- Dividend
- $0.2075
- Adj. dividend
- $0.2075
| Ex-Date | Payment Date | Dividend | Adj. Dividend |
|---|---|---|---|
| Dec 11, 2026 | Jan 4, 2027 | $0.2475 | $0.2475 |
| Aug 21, 2026 | Sep 8, 2026 | $0.2475 | $0.2475 |
| May 8, 2026 | May 26, 2026 | $0.2475 | $0.2475 |
| Mar 20, 2026 | Apr 6, 2026 | $0.2475 | $0.2475 |
| Dec 12, 2025 | Jan 5, 2026 | $0.2350 | $0.2350 |
| Aug 15, 2025 | Sep 2, 2025 | $0.2350 | $0.2350 |
| May 9, 2025 | May 27, 2025 | $0.2350 | $0.2350 |
| Mar 21, 2025 | Apr 7, 2025 | $0.2350 | $0.2350 |
| Dec 13, 2024 | Jan 6, 2025 | $0.2075 | $0.2075 |
| Aug 16, 2024 | Sep 3, 2024 | $0.2075 | $0.2075 |
| May 9, 2024 | May 28, 2024 | $0.2075 | $0.2075 |
| Mar 14, 2024 | Apr 1, 2024 | $0.2075 | $0.2075 |
Historical Dividend Yield
Dividend Growth
Dividend Increase Track Record
Walmart has raised its total annual dividend (split-adjusted, by ex-dividend calendar year) versus the prior year for 44 consecutive years — the same figure as the "Consecutive Growth Years" card above.
| Year | Previous DPS | New DPS | Change |
|---|---|---|---|
| 2026 | $0.9400 | — | — |
| 2025 | $0.8300 | $0.9400 | +13.3% |
| 2024 | $0.7600 | $0.8300 | +9.2% |
| 2023 | $0.7467 | $0.7600 | +1.8% |
| 2022 | $0.7333 | $0.7467 | +1.8% |
| 2021 | $0.7200 | $0.7333 | +1.8% |
| 2020 | $0.7067 | $0.7200 | +1.9% |
| 2019 | $0.6933 | $0.7067 | +1.9% |
| 2018 | $0.6800 | $0.6933 | +2.0% |
| 2017 | $0.6667 | $0.6800 | +2.0% |
| 2016 | $0.6533 | $0.6667 | +2.0% |
| 2015 | $0.6400 | $0.6533 | +2.1% |
| 2014 | $0.6267 | $0.6400 | +2.1% |
| 2013 | $0.5307 | $0.6267 | +18.1% |
| 2012 | $0.4867 | $0.5307 | +9.0% |
| 2011 | $0.4040 | $0.4867 | +20.5% |
| 2010 | $0.3640 | $0.4040 | +11.0% |
| 2009 | $0.3173 | $0.3640 | +14.7% |
| 2008 | $0.2933 | $0.3173 | +8.2% |
| 2007 | $0.2240 | $0.2933 | +31.0% |
| 2006 | $0.2000 | $0.2240 | +12.0% |
| 2005 | $0.1733 | $0.2000 | +15.4% |
| 2004 | $0.1200 | $0.1733 | +44.4% |
| 2003 | $0.1000 | $0.1200 | +20.0% |
| 2002 | $0.0933 | $0.1000 | +7.1% |
| 2001 | $0.0800 | $0.0933 | +16.7% |
| 2000 | $0.0667 | $0.0800 | +20.0% |
| 1999 | $0.0520 | $0.0667 | +28.2% |
| 1998 | $0.0453 | $0.0520 | +14.7% |
| 1997 | $0.0347 | $0.0453 | +30.8% |
| 1996 | $0.0333 | $0.0347 | +4.0% |
| 1995 | $0.0280 | $0.0333 | +19.0% |
| 1994 | $0.0213 | $0.0280 | +31.3% |
| 1993 | $0.0173 | $0.0213 | +23.1% |
| 1992 | $0.0140 | $0.0173 | +23.8% |
| 1991 | $0.0117 | $0.0140 | +20.0% |
| 1990 | $0.0092 | $0.0117 | +27.3% |
| 1989 | $0.0067 | $0.0092 | +37.5% |
| 1988 | $0.0050 | $0.0067 | +33.4% |
| 1987 | $0.0035 | $0.0050 | +42.9% |
| 1986 | $0.0029 | $0.0035 | +20.0% |
| 1985 | $0.0022 | $0.0029 | +34.5% |
| 1984 | $0.0015 | $0.0022 | +48.5% |
| 1983 | $0.0009 | $0.0015 | +56.0% |
| 1982 | $0.0017 | $0.0009 | -43.4% |
| 1981 | $0.0006 | $0.0017 | +154.3% |
| 1980 | $0.0004 | $0.0006 | +65.8% |
| 1979 | $0.0003 | $0.0004 | +36.1% |
| 1978 | $0.0002 | $0.0003 | +37.1% |
| 1977 | $0.0001 | $0.0002 | +89.2% |
| 1976 | $0.0001 | $0.0001 | +29.1% |
| 1975 | — | $0.0001 | — |
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
Cash dividends paid (USD) — TTM and history
Trailing-twelve-month and annual common dividends paid for Walmart (WMT) from the consolidated cash flow statement, in USD as filed.
Latest period
$7.51B
YoY change
+12.2%
5Y CAGR
+4.2%
Peak year (2026)
$7.51B
Latest annual
$7.51B
Cash dividends paid over time for Walmart (WMT)
Per-period cash dividends paid
Cash dividends paid annual + quarterly history for Walmart (WMT)
| Fiscal year | Period ended | Reported | Dividends Paid | YoY | YoY change |
|---|---|---|---|---|---|
| 2026 | $7.51B | +12.2% | +$819.00M | ||
| 2025 | $6.69B | +8.9% | +$548.00M | ||
| 2024 | $6.14B | +0.4% | +$26.00M | ||
| 2023 | $6.11B | -0.6% | -$38.00M | ||
| 2022 | $6.15B | +0.6% | +$36.00M | ||
| 2021 | $6.12B | +1.1% | +$68.00M | ||
| 2020 | $6.05B | -0.9% | -$54.00M | ||
| 2019 | $6.10B | -0.4% | -$22.00M | ||
| 2018 | $6.12B | -1.5% | -$92.00M | ||
| 2017 | $6.22B | -1.2% | -$78.00M | ||
| 2016 | $6.29B | +1.8% | +$109.00M | ||
| 2015 | $6.18B | +0.7% | +$46.00M | ||
| 2014 | $6.14B | +14.5% | +$778.00M | ||
| 2013 | $5.36B | +6.2% | +$313.00M | ||
| 2012 | $5.05B | +13.8% | +$611.00M | ||
| 2011 | $4.44B | +5.2% | +$220.00M | ||
| 2010 | $4.22B | +12.6% | +$471.00M | ||
| 2009 | $3.75B | +4.5% | +$160.00M | ||
| 2008 | $3.59B | +28.0% | +$784.00M | ||
| 2007 | $2.80B | +11.6% | +$291.00M | ||
| 2006 | $2.51B | +13.4% | +$297.00M | ||
| 2005 | $2.21B | +41.1% | +$645.00M | ||
| 2004 | $1.57B | +18.1% | +$241.00M | ||
| 2003 | $1.33B | +6.3% | +$79.00M | ||
| 2002 | $1.25B | +16.7% | +$179.00M | ||
| 2001 | $1.07B | +20.2% | +$180.00M | ||
| 2000 | $890.00M | +28.4% | +$197.00M | ||
| 1999 | $693.00M | +13.4% | +$82.00M | ||
| 1998 | $611.00M | +27.0% | +$130.00M | ||
| 1997 | $481.00M | +5.0% | +$23.00M | ||
| 1996 | $458.00M | +17.1% | +$67.00M | ||
| 1995 | $391.00M | +30.8% | +$92.00M | ||
| 1994 | $299.00M | +24.1% | +$58.00M | ||
| 1993 | $241.00M | +23.6% | +$46.00M | ||
| 1992 | $195.00M | +22.7% | +$36.10M | ||
| 1991 | $158.90M | +27.6% | +$34.40M | ||
| 1990 | $124.50M | — | — |
2026's annual dividends paid for Walmart (WMT) came in at $7.51B – grew 12.2% year-over-year.
Walmart dividends paid has grown for 3 consecutive years, with a +4.2% compound annual growth rate over 2021–2026 (5 years).
2026 marks the peak dividends paid at $7.51B, with the historical low of $124.50M recorded in 1990.
Walmart (WMT) sits 5th of 8 Consumer Defensive peers we track on this metric, against a peer median of $7.30B.
Walmart Dividends Paid 2026: $7.51B
Walmart dividends paid in 2026 was $7.51B, grew 12.2% from 2025. This figure represents the highest annual value in the available history.
Walmart Dividends Paid 2025: $6.69B
Walmart dividends paid in 2025 was $6.69B, grew 8.9% from 2024.
Walmart Dividends Paid 2024: $6.14B
Walmart dividends paid in 2024 was $6.14B, edged up 0.4% from 2023.
Walmart Dividends Paid 2023: $6.11B
Walmart dividends paid in 2023 was $6.11B, edged down 0.6% below 2022.
Walmart Dividends Paid 2022: $6.15B
Walmart dividends paid in 2022 was $6.15B.
See more financial history for Walmart (WMT).
Sector peers by dividends paid
Companies in the same sector as Walmart, ranked by their latest dividends paid.
| Company | Dividends Paid | Sector |
|---|---|---|
| Procter & Gamble (PG) | $9.87B | Consumer Defensive |
| Coca-Cola (KO) | $8.78B | Consumer Defensive |
| Philip Morris International (PM) | $8.62B | Consumer Defensive |
| PepsiCo (PEP) | $7.64B | Consumer Defensive |
| Altria Group (MO) | $6.96B | Consumer Defensive |
| Mondelez International (MDLZ) | $2.49B | Consumer Defensive |
| Costco (COST) | $2.18B | Consumer Defensive |
| Monster Beverage (MNST) | $0 | Consumer Defensive |
Frequently asked questions
Does Walmart pay dividends?
Yes, Walmart (WMT) pays quarterly dividends of approximately $0.96 per share annually, yielding 0.74%.
What is Walmart's dividend yield?
Walmart (WMT) has a current dividend yield of 0.74%.
Is Walmart's dividend safe?
Walmart (WMT) passes 8 out of 8 dividend safety checks. See the detailed breakdown above for each criterion.
How many consecutive years has Walmart increased its dividend?
Walmart (WMT) has 44 consecutive years of dividend increases.
What is Walmart's dividend payout ratio?
Walmart (WMT) has a dividend payout ratio of 35.2%. Trailing twelve months (GAAP): adjusted dividends over roughly 12 months aligned with the latest reported quarter, divided by the sum of diluted EPS from the last four fiscal quarters (not NII or taxable income for BDCs/REITs).
What is Walmart's dividends paid?
Latest reported dividends paid for Walmart (WMT) is $7.51B (period ending January 31, 2026).
How has Walmart dividends paid changed year-over-year?
Walmart (WMT) dividends paid changed +12.2% year-over-year on the latest annual filing.
What is the long-term growth rate of Walmart dividends paid?
Walmart (WMT) dividends paid compound annual growth rate is +4.2% over the most recent 5 years available.
When did Walmart dividends paid hit its highest annual value?
Walmart dividends paid reached its highest annual value of $7.51B in 2026.
What was Walmart dividends paid in 2025?
Walmart (WMT) dividends paid in 2025 was $6.69B.
What was Walmart dividends paid in 2026?
Walmart (WMT) dividends paid in 2026 was $7.51B.
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