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Wal-Mart: Is A Dividend Increase Coming Soon?

Published Fri, 17 Feb 2017 03:32:03 -0500 on Seeking Alpha

Written by Bob Ciura for Sure Dividend
Wal-Mart Stores (NYSE: WMT) is a legendary dividend stock. It paid its first dividend in 1974, at a rate of $0.05 per share. The company has increased its dividend each year since.
Wal-Mart is a Dividend Aristocrat. These are stocks with over 25 years of consecutive dividend increases that are also members of the S&P 500. You can see the entire list of all 51 Dividend Aristocrats here.
With 43 years of annual dividend increases under its belt, and a highly profitable business model, it's a good bet that Wal-Mart will increase its dividend again.
It has been four full quarters since Wal-Mart last raised its dividend. The company typically announces its annual increase in February, which means it's that time of year again.
This article will assess Wal-Mart's performance over the past year, its outlook up ahead, and what a 2017 dividend increase might look like.
Business Overview
Wal-Mart dominates the retail industry. It generates about $500 billion per year in annual revenue. The company operates three segments:
Wal-Mart U.S. (62% of sales) Wal-Mart International (26% of sales) Sam's Club (12% of sales) The company has a large and growing international presence. Wal-Mart is a global retailing giant.

(Source: Investor Meeting presentation)
These are no easy times for the company. Over the past year, it has seen its brand and financial performance deteriorate.
The boom in Internet... Read more

Stock name Last trade   P/E Earnings/Share Dividend/Share Dividend yield
WAL-MART STORES 72.39   16.5 4.39 2.04 2.79


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