The Chicago Entrepreneur

: Walmart raises quarterly dividend by 2% to 57 cents a share

Walmart Inc. WMT said Tuesday its board has approved a 2% increase in its dividend, boosting the quarterly payment to 57 cents a share. The new dividend will be payable Apr. 3 to shareholders of record as of March 17. The announcement came as the retailing giant posted better-than-expected fourth-quarter earnings but guidance that lagged estimates. The stock was down 4.4% premarket.

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