Published February 21, 2017 7:15am EST | Updated February 23, 2017 5:53pm EST

Wal-Mart Raises Dividend 2% To $2.04

Wal-Mart Stores Inc. said Tuesday that it has raised its dividend 2% to $2.04 from $2.00 for fiscal year 2018. The annual dividend will be paid in four quarterly installments of 51 cents per share on April 3, June 5, Sept. 5, and Jan. 2, 2018. The record dates will be March 10, May 12, Aug. 11, and Dec. 8. Wal-Mart shares are up 2.2% in premarket trading, and up 7.3% for the past year.