If You Bought 1 Share of Walmart at Its IPO, Here's How Many Shares You Would Own Now

Core Insights - Walmart has a history of stock splits, with 12 declared since its IPO, primarily 2-for-1 splits, and a notable 3-for-1 split in February [4] - The stock price adjusted from an unadjusted split price of $16.50 to a split-adjusted price of $0.0027, while the stock closed at $94.25 on December 13, indicating significant long-term gains for investors [2] - The company has consistently increased its quarterly dividend payouts, with the latest increase in February bringing the payout to $0.2075 per quarter, a rise of over 9% from the previous year's split-adjusted amount [9] Stock Performance - A single share purchased during Walmart's early public days would have multiplied to 6,144 shares due to stock splits [8] - Walmart's business model focuses on low costs and passing savings to customers, which has proven profitable and beneficial for shareholders [6] Dividend History - Walmart has been paying dividends since March 1974 and has raised them annually, earning the title of Dividend King [5]