Here's How Many Shares of Walmart You'd Need for $500 in Yearly Dividends

Core Insights - Walmart is a leading global retailer with over 10,000 locations across 19 countries and has been publicly traded since October 1970 [1] Financial Performance - Walmart's current annual dividend is $0.94 per share, translating to a quarterly payout of $0.235 [2] - To achieve $500 in annual dividend income, an investor would need to own 532 shares, costing approximately $61,457 at the current stock price of $115.52 per share [2] - Walmart has increased its annual dividend for 52 consecutive years, qualifying it as a Dividend King [4] - The current dividend yield is 0.80%, which is lower than the S&P 500 average and its own 1.34% average yield over the past five years [4] Market Data - As of the latest market data, Walmart's stock price is $116.70, with a market capitalization of $930 billion [5] - The stock has a day's range of $115.06 to $116.94 and a 52-week range of $79.81 to $116.95 [6] - The average trading volume is 18 million, with the current volume at 619,000 [6] Investment Rationale - Investing in Walmart is seen as a commitment to a company with strong financials, a significant economic moat, and resilience against economic challenges, particularly appealing for dividend-focused investors [6]