If You Bought 1 Share of Walmart at Its IPO, Here's How Many Shares You Would Own Now
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Walmart's IPO in October 1970 has led to significant growth for early investors. If you bought one share at the IPO, you would now own 6,144 shares due to 12 stock splits, including a recent 3-for-1 split. The original share price adjusted to approximately $0.0027, while the stock closed at $0.25 on December 13. Additionally, Walmart has consistently increased its dividends since 1974, currently paying $0.2075 per quarter, making it a Dividend King and rewarding long-term shareholders.
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