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WAL-MART STORES DECLARES DIVIDEND

 WAL-MART STORES DECLARES DIVIDEND
 BENTONVILLE, Ark., March 12 /PRNewswire/ -- The board of


directors of Wal-Mart Stores, Inc. (NYSE: WMT; PSE) today declared an annual cash dividend on the common stock of 21 cents ($.21) per share, payable quarterly at the rate of 5-1/4 cents ($.0525) a share, representing an increase of 24 percent from the annual dividend of 17 cents ($.17) per share paid at the rate of 4-1/4 cents ($.0425) per share last year.
 The dividend is payable April 2 to shareholders of record March 23.
 At Feb. 29, the company has 1,720 Wal-Mart stores (including six Supercenter stores), 210 Sam's Clubs, and four Hypermart*USA units, compared with 1,578 Wal-Mart stores (including five Supercenter stores), 176 Sam's Clubs, and four Hypermart*USA units a year ago.
 Wal-Mart operates in a 42-state trade area and its securities are listed on the New York and Pacific Stock exchanges.
 -0- 3/12/92
 /CONTACT: Paul Carter of Wal-Mart, 501-273-4184/
 (WMT) CO: Wal-Mart Stores, Inc. ST: Arkansas IN: REA SU: DIV


BN-BR -- AT016 -- 7779 03/12/92 12:34 EST
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Mar 12, 1992
Words:182
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