BENTONVILLE, Ark.--(BUSINESS WIRE)--Mar. 1, 2012-- The Board of Directors of Wal-Mart Stores, Inc. (NYSE: WMT) has approved an annual dividend of $1.59 per share, approximately a 9 percent increase from the $1.46 per share paid during fiscal year 2012. For the current fiscal year ending Jan. 31, 2013, the annual dividend of $1.59 per share will be paid in four quarterly installments of $0.3975 per share, according to the following record and payable dates:
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| Record Date | | | | | | | Payable Date |
| March 12, 2012 | | | | | | | April 4, 2012 |
| May 11, 2012 | | | | | | | June 4, 2012 |
| Aug. 10, 2012 | | | | | | | Sept. 4, 2012 |
| Dec. 7, 2012 | | | | | | | Jan. 2, 2013 |
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