Dividends

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The Waltons’ Walmart Dividends

In fiscal year 2013, the Waltons’ stock dividends from their near-majority stake in Walmart will amount to an estimated $2,711,066,999.

We were wondering, what can over $2.7 billion get you?

  • 2,711,066,999 pairs of women’s athletic socks from Walmart.
  • Rob Walton races expensive sports cars. With one year of his family’s Walmart dividends, he could buy about 271 GT40 race cars like the one he already has. (That’s right, they’re about $10 million apiece.)
  • With one year of their Walmart dividends, the Waltons could raise the minimum wage at Walmart to $11/hour and still have about $900 million left over.
  • With one year of their Walmart dividends, the Waltons could give each of Walmart’s 1.4 million associates a raise of $1.28 an hour.
  • With one year of their Walmart dividends, the Waltons could give each of Walmart’s 1.4 million associates an extra $1,936 this year.
  • The Waltons could cover the full cost of about 499,368 individual health insurance plans or health plans for 179,862 families.
  • The Waltons could cover the student loan debt of 107,369 recent graduates.
  • The family’s dividends from just one year are greater than the GDP of at least 32 countries including Lesotho, Eritrea, Maldives, Belize, Seychelles, Grenada, and the Marshall Islands.
  • The family’s Walmart dividends are enough to buy all the outstanding shares of many small companies such as WebMD Health Corporation, Steven Madden, Boston Beer Co (makers of Sam Adams), Buffalo Wild Wings, NutriSystem Inc, iRobot Corporation, Wendy’s, Domino’s Pizza, Six Flags, DSW, and Regal Entertainment Group.

 

[1] Calculation assumes 60/40 full-time/part-time split. Average hours for part time employees come from National Retail Federation. Full-time hours from internal Walmart memo.

Legal Notice: National Labor Relations Board notice regarding settlement in 16-CB-105773. Read notice here,.(Un aviso de Junta Nacional de Relaciones del Trabajo en 16-CB-105773. Lee aviso aqui). UFCW and OUR Walmart have the purpose of helping Walmart employees as individuals or groups in their dealings with Walmart over labor rights and standards and their efforts to have Walmart publicly commit to adhere to labor rights and standards. UFCW and OUR Walmart have no intent to have Walmart recognize or bargain with UFCW or OUR Walmart as the representative of its employees. Courts have enjoined non-Associate UFCW and OUR Walmart agents from entering any Walmart property, except to shop, in Arkansas (read order), Florida (read order), Texas (read order), Colorado (read order), Ohio (read order), and Maryland (read order); and in California from entering inside stores (read order).