Wal-Mart Stores, Inc. (NYSE: WMT) has declared a 21% increase to their annual dividend, boosting the rate from $1.21 to $1.46.
Yield on the dividend is 2.8%.
The dividend will be paid on the following dates:
- April 4, 2011, with March 11, 2011 record date;
- June 6, 2011, with May 13, 2011, record date;
- September 6, 2011, with August 12, 2011 record; and
- January 3, 2012, with December 9, 2011, record
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