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.