Walmart Inc (NYSE:WMT) declared a quarterly dividend on Wednesday, February 20th, Wall Street Journal reports. Shareholders of record on Friday, December 6th will be given a dividend of 0.53 per share by the retailer on Thursday, January 2nd. This represents a $2.12 annualized dividend and a yield of 1.79%. The ex-dividend date is Thursday, December 5th.
WMT stock opened at $118.67 on Wednesday. The firm has a 50-day moving average price of $119.04 and a 200-day moving average price of $113.37. Walmart has a 12 month low of $85.78 and a 12 month high of $125.38. The company has a current ratio of 0.81, a quick ratio of 0.20 and a debt-to-equity ratio of 0.83. The stock has a market capitalization of $337.53 billion, a P/E ratio of 24.17, a price-to-earnings-growth ratio of 4.83 and a beta of 0.36.
Walmart (NYSE:WMT) last announced its quarterly earnings results on Thursday, November 14th. The retailer reported $1.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.09 by $0.07. Walmart had a net margin of 2.77% and a return on equity of 18.47%. The company had revenue of $126.98 billion during the quarter, compared to the consensus estimate of $128.08 billion. During the same period in the prior year, the business earned $1.08 earnings per share. The company’s revenue for the quarter was up 2.5% compared to the same quarter last year. As a group, equities analysts predict that Walmart will post 4.97 EPS for the current fiscal year.
In other Walmart news, EVP Judith J. Mckenna sold 8,300 shares of the business’s stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $119.21, for a total transaction of $989,443.00. Following the completion of the sale, the executive vice president now directly owns 216,811 shares of the company’s stock, valued at approximately $25,846,039.31. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 50.22% of the stock is owned by corporate insiders.
Walmart Company Profile
Walmart Inc engages in the retail and wholesale operations in various formats worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, discount stores, drugstores, and convenience stores; membership-only warehouse clubs; e-commerce Websites, such as walmart.com, jet.com, shoes.com, and samsclub.com; and mobile commerce applications.
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