Wal-Mart Stores, Inc. (NYSE:WMT) Updates On Dividend Release Date


On 2016-02-29, Wal-Mart Stores, Inc. (NYSE:WMT) confirmed the dividend disbursement of $0.5 a share to shareholders as on record 2016-12-09. The firm will release dividend on 2017-01-03 while ex-dividend date is reported to be 2016-12-07.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Wal-Mart Stores, Inc. (NYSE:WMT) paid a total of $0.5 per share in dividends. This figure stood at $0.5 a share in the same period a year ago indicating a deviation of 2.0833%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $73.3 on the stock. This figure is the average of recommendations offered by 16 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $86 and $50, respectively.

Taking the mathematical rating formula, the price for Wal-Mart Stores, Inc. (NYSE:WMT) stands at 2.88. Earnings Review Wal-Mart Stores, Inc. (NYSE:WMT) will report its quarterly earnings for the period ending on 2016-10-31 by 2016-11-17. For the period ending on 2016-10-31, experts are expecting EPS of $0.97.

Coming to the quarter ending on 2016-01-31, Wal-Mart Stores, Inc. (NYSE:WMT) recorded EPS of $1.07. The reported numbers came lower than the analysts’ estimates of $1.02, demonstrating a miss of $0.05 as against reported figures.

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