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For the 12th time in 50 years, Walmart will conduct a stock split in an effort to make shares more affordable for its employees. Walmart last carried out a 2-for-1 stock split on April 20, 1999.
A stock split means a single share gets split into multiple shares. Under the plan Walmart announced, people who own shares by close of business on February 22 will get two new shares of Walmart ...
Walmart is making its share price more affordable just as it gives its store managers pay raises and annual stock grants of up to $20,000.. The company announced a three-for-one stock split this ...
On March 21, 2024, Walmart stock reached a record closing high of $61.45 per share. So far this year, its shares are already up 14%, beating the S&P 500's ( ^GSPC ) 10% gain.
When this split was completed after the close of trading on Feb. 23, Walmart's share price fell from $175.56 to $58.52, while its outstanding share count increased by a factor of three.
But like Walmart, Costco's stock isn't a bargain at 47 times next year's earnings. It also pays a tiny forward dividend yield of 0.5%. It also pays a tiny forward dividend yield of 0.5%. The ...
Similar to Walmart, Chipotle is conducting a split to make its nearly $3,200-per-share stock more accessible to its employees. If shareholders give Chipotle the green light, its shares will trade ...
After Walmart (NYSE: WMT) and Chipotle Mexican Grill (NYSE: CMG), two of the higher-profile consumer goods stocks on the market, both announced stock splits earlier this year, Nvidia (NASDAQ: NVDA ...