news_030807 - shareholders in the form of dividends in...

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WAL-MART STORES, INC. 479/273-4314 www.walmartstores.com/news/ FOR IMMEDIATE RELEASE Investor Relations Contacts Investor Relations 479-273-8446 Carol Schumacher 479-277-1498 Pauline Tureman 479-277-9558 Media Relations Contact Sarah Clark 800-331-0085 Wal-Mart Increases Annual Dividend 31 Percent BENTONVILLE, Ark., March 8, 2007 – The Board of Directors of Wal-Mart Stores, Inc. (NYSE: WMT) has approved an increase in the annual dividend to $0.88 per share, a 31% increase from the $0.67 per share paid during fiscal year 2007. For fiscal year ending January 31, 2008, the annual dividend of $0.88 per share will be paid in four quarterly installments of $0.22 per share, according to the following record and payable dates: Record Date Payable Date March 16, 2007 April 2, 2007 May 18, 2007 June 4, 2007 August 17, 2007 September 4, 2007 December 14, 2007 January 2, 2008 Based upon this announced increase, the Company plans to return more than $3.6 billion to its
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Unformatted text preview: shareholders in the form of dividends in fiscal year 2008. Wal-Mart has increased its dividend every year since its first declared dividend of $0.05 in March 1974. The Company also announced that April 5, 2007 is the record date for its annual shareholders’ meeting that will occur on June 1, 2007. Wal-Mart Stores, Inc. operates Wal-Mart discount stores, supercenters, Neighborhood Markets and Sam’s Club locations in the United States. The Company operates in Argentina, Brazil, Canada, China, Costa Rica, El Salvador, Guatemala, Honduras, Japan, Mexico, Nicaragua, Puerto Rico, and the United Kingdom. The Company's securities are listed on the New York Stock Exchange (NYSE) under the symbol WMT. More information about Wal-Mart can be found by visiting www.walmartstores.com/investors and www.walmartfacts.com . Online merchandise sales are available at www.walmart.com and www.samsclub.com . ###...
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This note was uploaded on 03/28/2011 for the course ACCOUNTING 501 taught by Professor Patriciam.casey during the Spring '08 term at National.

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