My Effective Yield on Stocks: Wal-Mart

Written by The Dividend Guy on March 18, 2008

Dividend Growth

I have owned Wal-Mart as a dividend growth stock since June 23, 2006. This stock has continued to increase its dividend year after year at a nice rate. My effective dividend yield is higher than the current yield on the stock, which is really what dividend investors are looking for.

As a reminder, I am doing a post similar to this for each of the stocks in my portfolio - links to each post as they come up will be placed in the sidebar on the right of your screen.

Business Summary:

Wal-Mart Stores, Inc. is the world’s largest retailer. They are engaged in the operation of mass merchandising stores, which serve their customers primarily through the operation of three segments, which are the Wal-Mart Stores segment, the SAM’S Club segment and the International segment.

My Dividend Yield Data

Wal-Mart
Original Yield
Date Ticker Initial Buy Price Initial Div Per Year Initial Yield
June 23, 2006 WMT $48.82 $0.67 1.37%
Current Yield
Average Price Per Share Shares Current Div Per Share Current Yield Annual Div’s Rec’d
$48.79 16.9062 $0.95 1.95% $16.06

Table Explanation:

The table is dividend into two sections: Original Yield and Current Yield. Original yield presents the data from my initial purchase in the security and the resulting yield. The Current Yield is the yield I am receiving on my investment, given the growth in dividends as well as reinvested dividends. As I receive dividends they are reinvested into additional shares which is factored into this calculation. Essentially, I calculate the average share price for all shares and use this price to calculate the current yield (Current Yield = Current Dividend / Average Share Price).


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