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Dividends & Stock Splits

Stock Split History

Incorporation date - 10/31/69
Stock went public - 10/01/70

In 1970, Wal-Mart offered 300,000 shares of its common stock to the public at a price of $16.50 per share. Since that time, we have had eleven (11) two for one (2/1) stock splits. On a purchase of 100 shares at $16.50 per share on our first offering, the number of shares has grown as follows:

2:1 Stock SplitsSharesCost per ShareMarket Price
On Split Date		Record DateDistributed
On the Offering10016.50
May 19712008.25$47.0005/19/7106/11/71
March 19724004.125$47.5003/22/7204/05/72
August 19758002.0625$23.0008/19/7508/22/75
November 198016001.03125$50.0011/25/8012/16/80
June 198232000.515625$49.87506/21/8207/09/82
June 198364000.257813$81.62506/20/8307/08/83
September 198512,8000.128906$49.7509/03/8510/04/85
June 198725,6000.064453$66.62506/19/8707/10/87
June 199051,2000.032227$62.5006/15/9007/06/90
February 1993102,4000.016113$63.62502/02/9302/25/93
March 1999204,8000.008057$89.7503/19/9904/19/99

Dividend History

In March 1974, Wal-Mart declared its first cash dividend of $0.05 per share.

News Release (March 6, 2008): Wal-Mart Increases Annual Dividend Eight Percent (from News & Facts section).

RecordPayableAmountType
August 15, 2008September 2, 2008$0.2375Regular Cash
May 16, 2008June 2, 2008$0.2375Regular Cash
March 14, 2008April 7, 2008$0.2375Regular Cash
December 14, 2007January 2, 2008$0.2200Regular Cash
August 17, 2007September 4, 2007$0.2200Regular Cash
May 18, 2007June 4, 2007$0.2200Regular Cash
March 16, 2007April 2, 2007$0.2200Regular Cash
December 15, 2006January 2, 2007$0.1675Regular Cash
August 18, 2006September 5, 2006$0.1675Regular Cash
May 19, 2006June 5, 2006$0.1675Regular Cash
March 17, 2006April 3, 2006$0.1675Regular Cash
December 16, 2005January 3, 2006$0.1500Regular Cash
August 19, 2005September 6, 2005$0.1500Regular Cash
May 20, 2005June 6, 2005$0.1500Regular Cash
March 18, 2005April 4, 2005$0.1500Regular Cash
December 17, 2004January 3, 2005$0.1300Regular Cash
August 20, 2004September 7, 2004$0.1300Regular Cash
May 21, 2004June 7, 2004$0.1300Regular Cash
March 19, 2004April 5, 2004$0.1300Regular Cash
December 19, 2003January 5, 2004$0.0900Regular Cash
October 6, 2003October 14, 2003$0.0900Regular Cash
June 20, 2003July 7, 2003$0.0900Regular Cash
March 21, 2003April 7, 2003$0.0900Regular Cash
December 20, 2002January 6, 2003$0.0750Regular Cash
September 20, 2002October 7, 2002$0.0750Regular Cash
June 21, 2002July 8, 2002$0.0750Regular Cash
March 22, 2002April 18, 2002$0.0750Regular Cash
December 21, 2001January 7, 2002$0.0700Regular Cash
September 21, 2001October 9, 2001$0.0700Regular Cash
June 22, 2001July 9, 2001$0.0700Regular Cash
March 23, 2001April 9, 2001$0.0700Regular Cash
December 22, 2000January 8, 2001$0.0600Regular Cash
September 15, 2000October 10, 2000$0.0600Regular Cash
June 16, 2000July 10, 2000$0.0600Regular Cash
March 17, 2000April 10, 2000$0.0600Regular Cash
December 17, 1999January 10, 2000$0.0500Regular Cash
September 17, 1999October 12, 1999$0.0500Regular Cash
June 18, 1999July 12, 1999$0.0500Regular Cash
March 19, 1999April 19, 1999$0.0500Regular Cash
December 12, 1998January 11, 1999$0.0775Regular Cash
September 18, 1998October 12, 1998$0.0775Regular Cash
June 19, 1998July 13, 1998$0.0775Regular Cash
March 20, 1998April 6, 1998$0.0775Regular Cash
December 19, 1997January 12, 1998$0.0675Regular Cash
September 19, 1997October 14, 1997$0.0675Regular Cash
June 20, 1997July 14, 1997$0.0675Regular Cash
March 19, 1997April 9, 1997$0.0675Regular Cash
December 13, 1996January 17, 1997$0.0525Regular Cash
September 3, 1996October 7, 1996$0.0525Regular Cash
June 17, 1996July 8, 1996$0.0525Regular Cash
March 19, 1996April 8, 1996$0.0525Regular Cash
December 1, 1995January 5, 1996$0.0500Regular Cash
September 5, 1995October 3, 1995$0.0500Regular Cash
June 12, 1995July 10, 1995$0.0500Regular Cash
March 21, 1995April 14, 1995$0.0500Regular Cash
December 5, 1994January 5, 1995$0.0425Regular Cash
September 6, 1994October 3, 1994$0.0425Regular Cash
June 13, 1994July 8, 1994$0.0425Regular Cash
March 21, 1994April 14, 1994$0.0425Regular Cash

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