Company Website: http://stock.walmart.com
BENTONVILLE, Ark. -- (Business Wire)

The Board of Directors of Wal-Mart Stores, Inc. (NYSE: WMT) approved an annual cash dividend for fiscal year 2016 of $1.96 per share, an increase of two percent from the $1.92 per share paid for the last fiscal year. The fiscal year 2016 annual dividend of $1.96 per share will be paid in four quarterly installments of $0.49 per share, according to the following record and payable dates:

“We are proud of our history of consistent shareholder returns. This will mark 42 consecutive years of increasing dividends for our shareholders,” said Charles Holley, executive vice president and chief financial officer. “The strength of our balance sheet and strong free cash flow continues to enable a dividend increase, even as we invest more to strategically position Walmart to better serve our customers.”

About Walmart

Wal-Mart Stores, Inc. (NYSE: WMT) helps people around the world save money and live better -- anytime and anywhere -- in retail stores, online, and through their mobile devices. Each week, more than 250 million customers and members visit our 11,453 stores under 71 banners in 27 countries and e-commerce websites in 11 countries. With fiscal year 2015 revenues of nearly $486 billion, Walmart employs approximately 2.2 million associates worldwide. Walmart continues to be a leader in sustainability, corporate philanthropy and employment opportunity. Additional information about Walmart can be found by visiting stock.walmart.com.

Contacts:

Wal-Mart Stores, Inc.
Media Relations Contact
Randy Hargrove, 800-331-0085
or
Investor Relations Contacts
Carol Schumacher, 479-277-1498
or
Kary Brunner, 479-277-8782

Source: Wal-Mart Stores, Inc.