Walmart Inc.
WMT50 yrs growthConsumer Defensive · Stock · quarterly payer
Forward Yield
0.93%
Annual Dividend
$0.99
Payout Ratio
35%
5-Yr Growth
5.5%
Ex-Date
Dec 11, 2026
Frequency
Quarterly
Summary
As of September 2026, Walmart Inc. (WMT) yields 0.93% ($0.99 per share annually), with a blended fair-value estimate of $52.08 — -49% downside, so it screens as overvalued. Dividend safety grade: A (94/100). 50 years of dividend growth.
Is WMT a good dividend stock?
YesWalmart Inc. (WMT) pays a quarterly dividend yielding 0.93% ($0.99/yr), with 50 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Dividend King — 50 straight years of increases
- Never cut its dividend on record
- Comfortable payout ratio (35%)
- Strong 5.5% 5-yr dividend growth
- 122% total price return over 5 years
- Top-tier dividend safety score
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 0.93%
- Payout Ratio
- 35%
- Annual Dividend
- $0.99
- 5-Yr Avg Growth
- 5.5%
- Ex-Dividend Date
- Dec 11, 2026
- Years of Growth
- 50
- Frequency
- quarterly
- Beta
- 0.60
- Market Cap
- $862.8B
- P/E Ratio
- 38.4
- 5-Yr Total Return
- 122%
- 52-Week Range
- $96.51 – $135.16
- Dividend Safety
- A · 94/100
- Ever Cut?
- No
Frequently Asked Questions
WMT Price — Last 12 Months
Daily close
Price Return
1 Year
+0%
3 Years
+93%
5 Years
+122%
52-Week Range
$96.51 – $135.16
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is WMT worth?
Overvaluedmedium confidenceOur blended fair-value estimate for Walmart Inc. is $52.08 per share, versus a market price of $103.09. That implies 49% of downside.
Fair Value
$52.08
Current Price
$103.09
Downside
-49%
Margin of Safety
-98%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 40.0% annual free-cash-flow growth. We model 11.9% — so the price already assumes faster growth than we think is likely.
Assumptions: 7.3% discount rate (CAPM), 11.9% stage-1 growth, 2.5% terminal growth, $2.77 EPS, $0.99 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
WMT Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 21, 2026 | — | $0.2480 | regular |
| May 8, 2026 | — | $0.2480 | regular |
| Mar 20, 2026 | — | $0.2480 | regular |
| Dec 12, 2025 | — | $0.2350 | regular |
| Aug 15, 2025 | — | $0.2350 | regular |
| May 9, 2025 | — | $0.2350 | regular |
| Mar 21, 2025 | — | $0.2350 | regular |
| Dec 13, 2024 | — | $0.2080 | regular |
| Aug 16, 2024 | — | $0.2080 | regular |
| May 9, 2024 | — | $0.2080 | regular |
| Mar 14, 2024 | — | $0.2080 | regular |
| Dec 7, 2023 | — | $0.1900 | regular |
| Aug 10, 2023 | — | $0.1900 | regular |
| May 4, 2023 | — | $0.1900 | regular |
Income Calculator
At $0.99 / yr per share
