Walmart Inc. (WMT) Dividend
Dividend King — 50 consecutive years of dividend increases.
Walmart Inc. (WMT) currently pays a dividend yield of 0.95%, distributing $0.99 per share annually ($0.25 per quarter). The company operates in the Consumer Defensive sector.
WMT has raised its dividend for 50 consecutive years, earning it Dividend King status — an elite group of companies with 50 or more years of uninterrupted dividend increases.
WMT dividend at a glance
| Dividend Yield | 0.95% |
|---|---|
| Annual Dividend | $0.99 per share |
| Per Payment | $0.25 |
| Payout Frequency | Quarterly |
| Payments per Year | 4 |
| Next Ex-Dividend Date | December 11, 2026 |
| Next Payment Date | January 4, 2027 |
| Payout Ratio | 34% |
| Consecutive Years of Dividend Growth | 50 |
| Sector | Consumer Defensive |
| Implied Share Price (from yield) | $104.42 |
What WMT pays on a $10,000 investment
At a 0.95% yield, $10,000 invested in WMT generates about $95.00 per year, or roughly $23.75 every quarter. Share counts below use an implied price of $104.42, derived from the $0.99 annual dividend and the 0.95% yield.
| Amount Invested | Approx. Shares | Annual Dividend Income | Income per Quarter |
|---|---|---|---|
| $1,000 | 9.6 | $9.50 | $2.38 |
| $5,000 | 47.9 | $47.50 | $11.88 |
| $10,000 | 95.8 | $95.00 | $23.75 |
| $25,000 | 239.4 | $237.50 | $59.38 |
| $100,000 | 957.7 | $950.00 | $237.50 |
These figures assume the dividend and share price stay where they are today. They do not account for taxes, dividend cuts, price movement, or reinvestment. If you reinvest instead of taking the cash, the share count grows each quarter — see how the dividend snowball compounds.
WMT dividend payment schedule
WMT pays on a quarterly schedule — 4 payments a year. The next confirmed ex-dividend date is December 11, 2026, with payment on January 4, 2027. Later rows are projected forward at the same interval and will shift when Walmart Inc. declares each dividend.
| Ex-Dividend Date | Payment Date | Amount per Share | Status |
|---|---|---|---|
| December 11, 2026 | January 4, 2027 | $0.25 | Confirmed |
| March 11, 2027 | April 4, 2027 | $0.25 | Projected |
| June 11, 2027 | July 5, 2027 | $0.25 | Projected |
| September 11, 2027 | October 5, 2027 | $0.25 | Projected |
To collect a WMT dividend you must own the shares before the ex-dividend date. Buy on the ex-date itself and the previous owner keeps that payment. Read how ex-dividend, record, and payment dates fit together.
How WMT's dividend compares
Across the 714 dividend stocks and ETFs DivTrkr tracks, the median yield is 4.23%. WMT's 0.95% is 3.28 percentage points below that median, ranking 611th of 714 by yield.
Within Consumer Defensive, where we track 17 names, the median yield is 2.51% — putting WMT below its sector.
Its 50-year run of dividend increases ranks 25th out of the 363 names in our data with an active growth streak.
What the numbers mean
WMT pays out roughly 34% of its earnings as dividends. That is a conservative payout ratio, leaving substantial room to keep raising the dividend or absorb a weak year.
Like most US dividend payers, WMT distributes quarterly, so a full year of ownership produces four payments.
Whether these payments are taxed at the lower qualified rate or as ordinary income depends on how long you hold the shares and what kind of company pays them. See the qualified vs. ordinary dividend rules.
WMT dividend FAQ
When is the next WMT ex-dividend date?
The next WMT ex-dividend date is December 11, 2026, with the payment scheduled for January 4, 2027. You must own shares before the ex-dividend date to receive that payment.
What is WMT's dividend yield?
WMT currently yields 0.95%, based on $0.99 in dividends per share over the past year.
How often does WMT pay dividends?
WMT pays quarterly, which works out to 4 payments per year of about $0.25 per share.
How much dividend income would $10,000 of WMT generate?
At the current 0.95% yield, $10,000 invested in WMT would produce roughly $95.00 per year, or about $23.75 per quarter, before taxes and assuming the dividend holds.
Has WMT increased its dividend?
Yes — WMT has raised its dividend for 50 consecutive years. That makes it a Dividend King.
WMT dividend history
DivTrkr holds 208 recorded WMT dividend payments going back to 1974, with 50 consecutive complete years of increases and +5.5% a year of growth over the last five complete years. See the full WMT dividend history — every payment, annual totals and growth by year.
Related dividend stocks
Other Consumer Defensive dividend payers
- UVV — Universal Corporation dividend (7.97%)
- KHC — The Kraft Heinz Company dividend (7.12%)
- BTI — British American Tobacco p.l.c. dividend (6.28%)
- PEP — PepsiCo, Inc. dividend (4.71%)
- UL — Unilever PLC dividend (3.56%)
- KDP — Keurig Dr Pepper Inc. dividend (3.00%)
- TGT — Target Corporation dividend (2.96%)
- KR — The Kroger Co. dividend (2.62%)
Similar yields to WMT
- AA — Alcoa Corporation dividend (0.95%)
- CLF — Cleveland-Cliffs Inc. dividend (0.95%)
- NUE — Nucor Corporation dividend (0.95%)
- FRNW — Fidelity Clean Energy ETF dividend (0.94%)
- STLD — Steel Dynamics, Inc. dividend (0.94%)
- TSM — Taiwan Semiconductor Manufacturing Company Limited dividend (0.96%)
Track WMT dividends free with DivTrkr — see exactly what your own position pays, and when. Also browse the full dividend calendar or the A–Z list of dividend stocks.