Walmart increases annual dividend 18 percent to $1.88 per share

Thu Feb 21, 2013 7:04am EST

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BENTONVILLE, Ark.--(Business Wire)--
The Board of Directors of Wal-Mart Stores, Inc. (NYSE: WMT) approved an annual
cash dividend for fiscal year 2014 of $1.88 per share, an increase of
approximately 18 percent from the $1.59 per share paid during fiscal year 2013.
The fiscal year 2014 annual dividend of $1.88 per share will be paid in four
quarterly installments of $0.47 per share, according to the following record and
payable dates:

 Record Dates              Payable Dates      
                                              
 March 12, 2013            April 1, 2013      
 May 10, 2013              June 3, 2013       
 August 9, 2013            September 3, 2013  
 December 6, 2013          January 2, 2014    
                                              


"We are pleased to increase Walmart`s dividend by $0.29 per share, one of the
largest increases in our history," said Mike Duke, Walmart president and chief
executive officer. "Our global businesses consistently generate strong free cash
flow, providing ample opportunities to fund growth across all our markets and to
deliver strong returns to shareholders. In fact, during fiscal year 2013, we
returned $13 billion to shareholders in the form of dividends and share
repurchases. 

"Our new fiscal year is under way, and we`re excited about the strategies we
have in place," said Duke. "With a strong asset base and strategic focus on
greater capital discipline, we will continue to save our customers money, to
grow our business and to provide solid returns to our shareholders." 

Walmart has increased its dividend every year since the first declared dividend
of $0.05 per share in March 1974. 

About Walmart

Wal-Mart Stores, Inc. (NYSE: WMT) serves customers and members more than 200
million times per week at more than 10,700 retail units under 69 different
banners in 27 countries. With fiscal year 2013 sales of approximately $466
billion, Walmart employs more than 2 million associates worldwide. Walmart
continues to be a leader in sustainability, corporate philanthropy and
employment opportunity. Additional information about Walmart and the dividend
history can be found by visiting http://www.stock.walmart.com.

Wal-Mart Stores, Inc.
Media Relations:
Randy Hargrove, 800-331-0085
or
Investor Relations:
Carol Schumacher, 479-277-1498 

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