Walmart’s (NYSE:WMT) Dividend Will Be $0.235

Walmart Inc.’s (NYSE:WMT) investors are due to receive a payment of $0.235 per share on 5th of January. This takes the annual payment to 0.9% of the current stock price, which unfortunately is below what the industry is paying.

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Walmart’s Future Dividend Projections Appear Well Covered By Earnings

If it is predictable over a long period, even low dividend yields can be attractive. However, prior to this announcement, Walmart’s dividend was comfortably covered by both cash flow and earnings. This means that most of its earnings are being retained to grow the business.

The next year is set to see EPS grow by 28.8%. Assuming the dividend continues along recent trends, we think the payout ratio could be 28% by…