Wal-mart (NYSE: WMT) declared a quarterly dividend of $0.51 per share, or $2.04 annualized. This is a 2% increase from the prior dividend of $0.50.

The dividend will be payable on April 3, 2017, to stockholders of record on March 10, 2017, with an ex-dividend date of March 8, 2017.

The annual yield on the dividend is 2.9 percent.

For a dividend history and other dividend-related data on Wal-mart (WMT) click here.