Wal-Mart Stores Inc. announced Thursday that the world's largest retailer is increasing its annual dividend by 12 cents to $1.21, according to Associated Press.
Wal-Mart, says the dividend will be paid in be paid in four quarterly installments of $0.3025 per share for the year ending Jan. 31, 2011. The next dividend will be paid on April 5 to shareholders of record as of March 12.
Top Best Penny Stocks, a leading financial publication, is pleased to alert investors of stocks on the move. Sign up for our Free Stock Newsletter.
The other dividends will be paid on June 1 to shareholders of record as of May 14, Sept. 7 to shareholders of record as of August 13, and Jan. 3, 2011 to shareholders of record as of Dec. 10, 2010.
Based on the fiscal 2011 payout, Wal-Mart said that it will pay back more than $4.5 billion to shareholders as dividends.
Wal-Mart Stores has increased its dividend every year since 1974.
Sign up for Top Best Penny Stocks' free newsletter. To subscribe, enter your e-mail address into the frame at the bottom of this press release or visit our website.
Follow us on Twitter: http://www.Twitter.com/topbestps
About Us
Top Best Penny Stocks is a leading stock web site that allows investors and interested parties to research stocks that are on the move. We also track small cap companies that are on the brink of a financial breakout. To feature a company on our web site please contact us at the email listed below.
Please click here to read the full disclaimer.
