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

It would cost over 60,000ifyouwerestartingwithzeroshares.Walmart(WMT+1.2360,000 if you were starting with zero shares.Walmart (WMT +1.23%) is one of the world's premier retailers, with over 10,000 locations in 19 countries. It has also been a staple on the stock market since its initial public offering in October 1970.Walmart's current annual dividend is 0.94 per share (0.235quarterly).Atthatpayout,youwouldneedtoown532Walmartsharestoreceive0.235 quarterly). At that payout, you would need to own 532 Walmart shares to receive 500 in annual dividend income. As of market closing on Dec. 11, Walmart's stock is $115.52 per share, w ...