WMT – Dividend Returns, History & Calculator
Walmart Inc. engages in the operation of retail and wholesale stores and clubs, eCommerce websites, and mobile applications worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, s
...Company Info
Price Data
Dividend Data
Growth Rates
Total Returns
Fair Value
Financial Metrics
Calculate your WMT Dividend Returns
Quickly and easily calculate WMT dividend yield using our WMT calculator. Adjust the fields below to see how your WMT investments snowball over time.
Portfolio Growth Over Time
Data last updated: November 3, 2025 1:41 pm
Year-by-Year Portfolio Growth (Realistic DRIP Scenario)
| Year | Start Balance | Start Shares | Share Price | Dividend / Share | Dividend Yield | Yield on Cost | Annual Dividend | Total Dividends | End Shares | End Balance |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | $10,000 | 99 | $101.18 | $0.24 | 0.93% | 0.93% | $100 | $100 | 112 | $11,300 |
| 2 | $13,327 | 112 | $119.33 | $0.24 | 0.82% | 0.96% | $115 | $216 | 123 | $14,643 |
| 3 | $17,269 | 123 | $140.74 | $0.25 | 0.72% | 1.00% | $130 | $345 | 132 | $18,599 |
| 4 | $21,936 | 132 | $165.98 | $0.26 | 0.63% | 1.04% | $144 | $489 | 140 | $23,279 |
| 5 | $27,456 | 140 | $195.76 | $0.27 | 0.56% | 1.07% | $157 | $646 | 147 | $28,813 |
| 6 | $33,981 | 147 | $230.88 | $0.28 | 0.49% | 1.11% | $170 | $816 | 153 | $35,351 |
| 7 | $41,693 | 153 | $272.30 | $0.29 | 0.43% | 1.16% | $183 | $998 | 158 | $43,075 |
| 8 | $50,803 | 158 | $321.14 | $0.30 | 0.38% | 1.20% | $195 | $1,193 | 163 | $52,198 |
| 9 | $61,561 | 163 | $378.75 | $0.31 | 0.33% | 1.24% | $207 | $1,400 | 166 | $62,969 |
| 10 | $74,265 | 166 | $446.70 | $0.33 | 0.29% | 1.29% | $219 | $1,620 | 169 | $75,684 |
WMT Dividend History
| Ex-Date | Payment Date | Amount | TTM Yield | Forward Yield | Price on Ex-Date |
|---|---|---|---|---|---|
| 08/15/2025 | 08/15/2025 | $0.235 | 0.91% | 0.94% | $100.00 |
| 05/09/2025 | 05/09/2025 | $0.235 | 0.92% | 0.97% | $96.72 |
| 03/21/2025 | 03/21/2025 | $0.235 | 1.00% | 1.09% | $85.98 |
| 12/13/2024 | 12/13/2024 | $0.208 | 0.88% | 0.88% | $94.25 |
| 08/16/2024 | 08/16/2024 | $0.208 | 1.11% | 1.13% | $73.45 |
| 05/09/2024 | 05/09/2024 | $0.208 | 1.32% | 1.38% | $60.44 |
| 03/14/2024 | 03/14/2024 | $0.208 | 1.28% | 1.36% | $61.02 |
| 12/07/2023 | 12/07/2023 | $0.190 | 1.50% | 1.50% | $50.82 |
| 08/10/2023 | 08/10/2023 | $0.190 | 1.42% | 1.42% | $53.42 |
| 05/04/2023 | 05/04/2023 | $0.190 | 1.50% | 1.52% | $50.16 |
| 03/16/2023 | 03/16/2023 | $0.190 | 1.63% | 1.65% | $46.09 |
| 12/08/2022 | 12/08/2022 | $0.187 | 1.51% | 1.51% | $49.59 |
| 08/11/2022 | 08/11/2022 | $0.187 | 1.72% | 1.73% | $43.27 |
| 05/05/2022 | 05/05/2022 | $0.187 | 1.45% | 1.47% | $50.91 |
| 03/17/2022 | 03/17/2022 | $0.187 | 1.52% | 1.54% | $48.34 |
| 12/09/2021 | 12/09/2021 | $0.183 | 1.59% | 1.59% | $46.17 |
| 08/12/2021 | 08/12/2021 | $0.183 | 1.47% | 1.48% | $49.69 |
| 05/06/2021 | 05/06/2021 | $0.183 | 1.55% | 1.56% | $47.02 |
| 03/18/2021 | 03/18/2021 | $0.183 | 1.67% | 1.69% | $43.34 |
| 12/10/2020 | 12/10/2020 | $0.180 | 1.47% | 1.47% | $49.01 |
WMT 10-yr Total Return ($10,000 invested)
This analysis of WMT demonstrates the power of dividend reinvestment over a 10-year period with a $10,000 initial investment. The dividend reinvestment strategy delivered a 20.7% CAGR, representing exceptional long-term performance. The DRIP strategy provided 18% more total return compared to collecting dividends as cash, highlighting the compounding effect of reinvestment.
Total Return with and without DRIP (WMT)
Over the selected period, investing $10,000 in WMT would grow to $75,705 with DRIP (657.0%), and $66,121 without DRIP (561.2%).
WMT Dividend Reinvestment Snowball
Investing $10,000 + $100/mo in WMT with historic price growth (17.99%) and dividend growth (3.70%) produces dramatically different outcomes depending on whether you reinvest dividends.
After 20 Years
Your Investment: $34,000
Portfolio: $491,009
Annual Dividend: $344
Yield on Cost: 1.01%
Total Dividends: $4,334
Portfolio: $469,835
Total Dividends: $4,159
After 30 Years
Your Investment: $46,000
Portfolio: $2,607,816
Annual Dividend: $503
Yield on Cost: 1.09%
Total Dividends: $8,452
Portfolio: $2,473,488
Total Dividends: $8,057
Milestones on the way
By year 13, the compounding really starts to show. Your total dividends collected reach $2,278 against a total investment of $25,600. At this point, your portfolio is throwing off $256 per year in dividends alone.
By year 17, the annual dividend climbs to around your initial contribution. For a starting investment of $10,000, the yearly dividend now sits at approximately $305, a powerful “income on autopilot” milestone.
After two decades, cumulative dividends total $4,334 versus $34,000 invested, nearly a 13% recovery of capital purely from income. Yield on cost reaches 1.01%.
At year 25, the income engine takes over. The portfolio’s annual dividend of $417 is greater than total contributions to date ($40,000), and cumulative dividends exceed $6,199.
By year 30, the DRIP snowball is in full force. Yearly income reaches $503, cumulative dividends total $8,452, and the DRIP portfolio value stands at $2,607,816, compared with $2,473,488 if dividends weren’t reinvested.
How we estimate these numbers
We use the latest calculator inputs for WMT, price $101.59, dividend per period $0.24 (4x/year), along with historic growth assumptions: price growth 17.99% and dividend growth 3.70% annually.
We simulate month by month for 30 years. Every month, a $100 contribution is added and converted to shares at that month’s price. Dividends are paid roughly evenly across the year based on the dividend frequency; in the DRIP path, each payout immediately buys additional shares at the then-current price. In the No-DRIP path, dividends accrue as cash. Prices grow using a monthly rate derived from the annual price growth. Dividends per share increase once per year at the annual dividend growth rate.
This model isn’t investment advice; it’s a simple, transparent framework that illustrates how reinvesting dividends can accelerate both income and total return over time.
Projected Future Returns & Dividends for WMT
Based on past 10-year performance, here are WMT growth metrics:
Using WMT CAGR metrics, we can estimate that your initial $10,000 investment, over the next 10 years, should grow as follows:
| WMT (DRIP) | WMT (No DRIP) | |
|---|---|---|
| Current Price | $104.96 | $104.96 |
| Start Shares | 95.27 | 95.27 |
| Start Value | $10,000 | $10,000 |
| After 10 years: | ||
| Final Share Count | 102.32 | 95.28 |
| Dividends Payment | $1.32 | $1.32 |
| Annual Dividends | $134 | $126 |
| Yield on cost | 1.34% | 1.26% |
| Share Price | $224.51 | $224.51 |
| Total Dividends | $1,125 | $1,085 |
| Final Value | $22,972 | $22,476 |
Estimated Future Value + Dividends – WMT
Dividend History: Payments & Yield
Shows quarterly dividend payments with trailing yield and a 5-year rolling average overlay. Use the range pills to switch the visible period.
Dividend Growth
Lifetime quarterly dividend amounts, with range controls for 1Y/2Y/5Y/10Y. Useful to visualize the cadence and pace of dividend increases over time.
Dividend Payments & Yield
Quarterly dividends with TTM yield and a 5âyear rolling average overlay. Helps compare current yield versus recent history across different ranges.
WMT Dividend History
| Ex-Date | Payment Date | Amount | TTM Yield | Forward Yield | Price on Ex-Date |
|---|---|---|---|---|---|
| 08/15/2025 | 08/15/2025 | $0.235 | 0.91% | 0.94% | $100.00 |
| 05/09/2025 | 05/09/2025 | $0.235 | 0.92% | 0.97% | $96.72 |
| 03/21/2025 | 03/21/2025 | $0.235 | 1.00% | 1.09% | $85.98 |
| 12/13/2024 | 12/13/2024 | $0.208 | 0.88% | 0.88% | $94.25 |
| 08/16/2024 | 08/16/2024 | $0.208 | 1.11% | 1.13% | $73.45 |
| 05/09/2024 | 05/09/2024 | $0.208 | 1.32% | 1.38% | $60.44 |
| 03/14/2024 | 03/14/2024 | $0.208 | 1.28% | 1.36% | $61.02 |
| 12/07/2023 | 12/07/2023 | $0.190 | 1.50% | 1.50% | $50.82 |
| 08/10/2023 | 08/10/2023 | $0.190 | 1.42% | 1.42% | $53.42 |
| 05/04/2023 | 05/04/2023 | $0.190 | 1.50% | 1.52% | $50.16 |
| 03/16/2023 | 03/16/2023 | $0.190 | 1.63% | 1.65% | $46.09 |
| 12/08/2022 | 12/08/2022 | $0.187 | 1.51% | 1.51% | $49.59 |
| 08/11/2022 | 08/11/2022 | $0.187 | 1.72% | 1.73% | $43.27 |
| 05/05/2022 | 05/05/2022 | $0.187 | 1.45% | 1.47% | $50.91 |
| 03/17/2022 | 03/17/2022 | $0.187 | 1.52% | 1.54% | $48.34 |
| 12/09/2021 | 12/09/2021 | $0.183 | 1.59% | 1.59% | $46.17 |
| 08/12/2021 | 08/12/2021 | $0.183 | 1.47% | 1.48% | $49.69 |
| 05/06/2021 | 05/06/2021 | $0.183 | 1.55% | 1.56% | $47.02 |
| 03/18/2021 | 03/18/2021 | $0.183 | 1.67% | 1.69% | $43.34 |
| 12/10/2020 | 12/10/2020 | $0.180 | 1.47% | 1.47% | $49.01 |
| 08/13/2020 | 08/13/2020 | $0.180 | 1.63% | 1.64% | $43.95 |
| 05/07/2020 | 05/07/2020 | $0.180 | 1.76% | 1.77% | $40.63 |
| 03/19/2020 | 03/19/2020 | $0.180 | 1.78% | 1.81% | $39.82 |
| 12/05/2019 | 12/05/2019 | $0.177 | 1.79% | 1.79% | $39.55 |
| 08/08/2019 | 08/08/2019 | $0.177 | 1.94% | 1.95% | $36.17 |
| 05/09/2019 | 05/09/2019 | $0.177 | 2.11% | 2.13% | $33.18 |
| 03/14/2019 | 03/14/2019 | $0.177 | 2.13% | 2.16% | $32.74 |
| 12/06/2018 | 12/06/2018 | $0.173 | 2.19% | 2.19% | $31.59 |
| 08/09/2018 | 08/09/2018 | $0.173 | 2.33% | 2.34% | $29.67 |
| 05/10/2018 | 05/10/2018 | $0.173 | 2.49% | 2.52% | $27.56 |
| 03/08/2018 | 03/08/2018 | $0.173 | 2.33% | 2.37% | $29.31 |
| 12/07/2017 | 12/07/2017 | $0.170 | 2.11% | 2.11% | $32.26 |
| 08/09/2017 | 08/09/2017 | $0.170 | 2.49% | 2.50% | $27.20 |
| 05/10/2017 | 05/10/2017 | $0.170 | 2.63% | 2.66% | $25.57 |
| 03/08/2017 | 03/08/2017 | $0.170 | 2.88% | 2.92% | $23.27 |
| 12/07/2016 | 12/07/2016 | $0.167 | 2.83% | 2.83% | $23.53 |
| 08/10/2016 | 08/10/2016 | $0.167 | 2.69% | 2.70% | $24.65 |
| 05/11/2016 | 05/11/2016 | $0.167 | 2.98% | 3.01% | $22.14 |
| 03/09/2016 | 03/09/2016 | $0.167 | 2.92% | 2.96% | $22.51 |
| 12/02/2015 | 12/02/2015 | $0.163 | 3.36% | 3.36% | $19.45 |
| 08/05/2015 | 08/05/2015 | $0.163 | 2.65% | 2.67% | $24.50 |
| 05/06/2015 | 05/06/2015 | $0.163 | 2.50% | 2.52% | $25.88 |
| 03/11/2015 | 03/11/2015 | $0.163 | 2.39% | 2.43% | $26.90 |
| 12/03/2014 | 12/03/2014 | $0.160 | 2.26% | 2.26% | $28.31 |
| 08/06/2014 | 08/06/2014 | $0.160 | 2.57% | 2.59% | $24.73 |
| 05/07/2014 | 05/07/2014 | $0.160 | 2.44% | 2.46% | $25.99 |
| 03/07/2014 | 03/07/2014 | $0.160 | 2.53% | 2.57% | $24.86 |
| 12/04/2013 | 12/04/2013 | $0.157 | 2.34% | 2.34% | $26.74 |
| 08/07/2013 | 08/07/2013 | $0.157 | 2.34% | 2.43% | $25.79 |
| 05/08/2013 | 05/08/2013 | $0.157 | 2.22% | 2.40% | $26.08 |
| 03/08/2013 | 03/08/2013 | $0.157 | 2.28% | 2.57% | $24.34 |
| 12/05/2012 | 12/05/2012 | $0.133 | 2.22% | 2.22% | $23.88 |
| 08/08/2012 | 08/08/2012 | $0.133 | 2.10% | 2.14% | $24.77 |
| 05/09/2012 | 05/09/2012 | $0.133 | 2.59% | 2.70% | $19.68 |
| 03/08/2012 | 03/08/2012 | $0.133 | 2.50% | 2.66% | $19.92 |
| 12/07/2011 | 12/07/2011 | $0.122 | 2.50% | 2.50% | $19.50 |
| 08/10/2011 | 08/10/2011 | $0.122 | 2.89% | 3.02% | $16.14 |
| 05/11/2011 | 05/11/2011 | $0.122 | 2.42% | 2.65% | $18.39 |
| 03/09/2011 | 03/09/2011 | $0.122 | 2.42% | 2.77% | $17.56 |
| 12/08/2010 | 12/08/2010 | $0.101 | 2.22% | 2.22% | $18.16 |
| 08/11/2010 | 08/11/2010 | $0.101 | 2.32% | 2.38% | $17.01 |
| 05/12/2010 | 05/12/2010 | $0.101 | 2.20% | 2.31% | $17.49 |
| 03/10/2010 | 03/10/2010 | $0.101 | 2.09% | 2.26% | $17.88 |
| 12/09/2009 | 12/09/2009 | $0.091 | 2.02% | 2.02% | $18.02 |
| 08/12/2009 | 08/12/2009 | $0.091 | 2.09% | 2.16% | $16.84 |
| 05/13/2009 | 05/13/2009 | $0.091 | 2.04% | 2.18% | $16.68 |
| 03/11/2009 | 03/11/2009 | $0.091 | 2.08% | 2.30% | $15.82 |
| 12/11/2008 | 12/11/2008 | $0.079 | 1.74% | 1.74% | $18.26 |
| 08/13/2008 | 08/13/2008 | $0.079 | 1.61% | 1.64% | $19.29 |
| 05/14/2008 | 05/14/2008 | $0.079 | 1.59% | 1.66% | $19.15 |
| 03/12/2008 | 03/12/2008 | $0.079 | 1.79% | 1.89% | $16.76 |
| 12/12/2007 | 12/12/2007 | $0.073 | 1.82% | 1.82% | $16.08 |
| 08/15/2007 | 08/15/2007 | $0.073 | 1.91% | 2.03% | $14.43 |
| 05/16/2007 | 05/16/2007 | $0.073 | 1.64% | 1.87% | $15.73 |
| 03/14/2007 | 03/14/2007 | $0.073 | 1.58% | 1.92% | $15.24 |
| 12/13/2006 | 12/13/2006 | $0.056 | 1.46% | 1.46% | $15.30 |
| 08/16/2006 | 08/16/2006 | $0.056 | 1.47% | 1.51% | $14.81 |
| 05/17/2006 | 05/17/2006 | $0.056 | 1.36% | 1.43% | $15.61 |
| 03/15/2006 | 03/15/2006 | $0.056 | 1.36% | 1.48% | $15.11 |
| 12/14/2005 | 12/14/2005 | $0.050 | 1.21% | 1.21% | $16.50 |
| 08/17/2005 | 08/17/2005 | $0.050 | 1.23% | 1.27% | $15.70 |
| 05/18/2005 | 05/18/2005 | $0.050 | 1.18% | 1.26% | $15.86 |
| 03/16/2005 | 03/16/2005 | $0.050 | 1.05% | 1.17% | $17.11 |
| 12/15/2004 | 12/15/2004 | $0.043 | 0.98% | 0.98% | $17.68 |
| 08/18/2004 | 08/18/2004 | $0.043 | 0.88% | 0.95% | $18.15 |
| 05/19/2004 | 05/19/2004 | $0.043 | 0.80% | 0.95% | $18.26 |
| 03/17/2004 | 03/17/2004 | $0.043 | 0.69% | 0.89% | $19.45 |
| 12/17/2003 | 12/17/2003 | $0.030 | 0.69% | 0.69% | $17.30 |
| 10/02/2003 | 10/02/2003 | $0.030 | 0.60% | 0.63% | $19.02 |
| 06/18/2003 | 06/18/2003 | $0.030 | 0.60% | 0.65% | $18.41 |
| 03/19/2003 | 03/19/2003 | $0.030 | 0.59% | 0.68% | $17.68 |
| 12/18/2002 | 12/18/2002 | $0.025 | 0.60% | 0.60% | $16.79 |
| 09/18/2002 | 09/18/2002 | $0.025 | 0.54% | 0.55% | $18.13 |
| 06/19/2002 | 06/19/2002 | $0.025 | 0.51% | 0.52% | $19.14 |
| 03/20/2002 | 03/20/2002 | $0.025 | 0.45% | 0.47% | $21.06 |
| 12/19/2001 | 12/19/2001 | $0.023 | 0.50% | 0.50% | $18.76 |
| 09/19/2001 | 09/19/2001 | $0.023 | 0.59% | 0.62% | $15.15 |
| 06/20/2001 | 06/20/2001 | $0.023 | 0.52% | 0.56% | $16.60 |
| 03/21/2001 | 03/21/2001 | $0.023 | 0.52% | 0.58% | $16.10 |
| 12/20/2000 | 12/20/2000 | $0.020 | 0.49% | 0.49% | $16.31 |
| 09/13/2000 | 09/13/2000 | $0.020 | 0.43% | 0.45% | $17.96 |
| 06/14/2000 | 06/14/2000 | $0.020 | 0.40% | 0.44% | $18.38 |
| 03/15/2000 | 03/15/2000 | $0.020 | 0.41% | 0.47% | $17.17 |
Dividend Payout Ratio
Tracks the percentage of earnings paid out as dividends each quarter. Lower and stable ratios often indicate safer, more sustainable payouts.
Dividend to Free Cash Flow Ratio
Shows dividends as a percentage of free cash flow. Consistently high values may signal limited reinvestment capacity or potential dividend risk.
Share Price
Historical closing price with range controls. Table view includes quarterâoverâquarter and yearâoverâyear changes for additional context.
Price to Earnings
WMT trades at a 169.1x price-to-earnings ratio. This elevated valuation suggests investors expect strong future growth.
Price to Sales
WMT trades at a 4.9x price-to-sales ratio, providing insight into market valuation relative to revenue generation.
Revenue
WMT generated $168.6B in revenue. Revenue has grown by 19% over the period.
Net Income
WMT reported $4.9B in net income. Net income has grown by 42% over the period.
Revenue vs Net Income
WMT generated $168.6B in revenue with net income of $4.9B, representing a 2.9% net profit margin.
Gross Profit
WMT achieved $139.3B in gross profit, showing revenue after direct production costs.
Operating Income
WMT generated $59.0B in operating income, representing profit from core business operations.
EBITDA
WMT generated $67.9B in EBITDA, measuring operational profitability before interest, taxes, depreciation, and amortization.
Operating Cash Flow
WMT generated $5.6B in operating cash flow, demonstrating the company’s ability to convert earnings into cash.
Free Cash Flow
WMT generated $-0.3B in free cash flow.
Free Cash Flow / Share
WMT generates $-0.04 in free cash flow per share.
Earnings Per Share (EPS)
WMT reported $0.61 in earnings per share. EPS has grown by 42% over the period.
Return on Equity (ROE)
WMT delivered a 2.4% return on equity, indicating how effectively the company generates returns for shareholders.
Return on Assets (ROA)
WMT achieved a 1.4% return on assets, measuring how efficiently the company uses its assets to generate profit.
Net Profit Margin
WMT maintains a 2.9% net profit margin, showing the percentage of revenue retained as profit after all expenses.
Gross Profit Margin
WMT operates with a 82.6% gross profit margin, reflecting pricing power and cost efficiency in core operations.
Cash & Debt
WMT holds $25.3B in cash against $8.4B in debt, resulting in a net cash position of $16.9B.
Shares Outstanding
WMT has 8.0B shares outstanding.
Stock-Based Comp
WMT reported $4.2B in stock-based compensation. Over the period, stock-based compensation has increased by 19%.
FCF vs Stock Based Comp
WMT generated $-0.3B in free cash flow while spending $4.2B on stock-based compensation, representing -1,341% of FCF.
FCF vs FCF / Share
WMT reported $-0.3B in free cash flow, translating to $-0.04 per share.
Revenue: Actual + Estimates
This chart tracks WMT revenue: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.
EPS: Actual + Estimates
This chart tracks WMT eps: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.
Net Income: Actual + Estimates
This chart tracks WMT net income: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.
EBITDA: Actual + Estimates
This chart tracks WMT ebitda: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.
