Wal-Mart Stores Inc. raised its annual dividend by 44 percent to 52 cents a share from 36 cents in the previous fiscal year.
FOR SUBSCRIBERSCBP leaders cut out of Trump ad buy decision
FOR SUBSCRIBERSA harrowing ordeal aboard an Israel-bound plane
The supermarket giant said the next quarterly payment will be 13 cents per share payable on April 5 to shareholders on record on March 19. It plans to pay more than $2.2 billion to its shareholders in the form of dividends this year.
FOR SUBSCRIBERSCBP leaders cut out of Trump ad buy decision
FOR SUBSCRIBERSA harrowing ordeal aboard an Israel-bound plane
In March last year the company raised its annual dividend to 36 cents per share from 35 cents and said it would pay $1.5 billion in dividends for the year 2003.
Wal-Mart also said on Tuesday it intends to continue its $7 billion share repurchase program. The company also set April 5 as the record date for its annual shareholders meeting, which will be held on June 4.














