Walmart boosts quarterly dividend
BENTONVILLE, Ark. — Walmart said Thursday it is continuing its annual tradition of increasing shareholder payout by raising its dividend by 9%.
Walmart will pay a quarterly dividend of 39.75 cents on April 4 to shareholders of record on March 12. That works out to $1.59 per share for the year. The company has increased its dividend every year since its first declared dividend in March 1974.
According to Walmart president and CEO Mike Duke, the company’s U.S. business is back on track, and international results remain strong.
Sam’s Club playing to win in health and wellness
WHAT IT MEANS AND WHY IT’S IMPORTANT — The highest circulation of any health magazine in America. That’s a major commitment when you think how hard consumer magazines have been hit in recent years.
(THE NEWS: Sam’s Club launches wellness magazine for members. For the full story, click here)
Yet, Sam’s will print more issues than any of the big consumer health-interest magazines. That shows how important it is to make a big statement that it is playing to win in health and wellness — an area of its business that it has targeted for major growth.
DSN will profile the Sam’s Club health-and-wellness leadership team in an exclusive April 2 issue. For more information, contact Wayne Bennett, publisher [email protected].
EPA awards Food Lion, Harveys and Reid’s with 11th Energy Star award
SALISBURY, N.C. — The U.S. Environmental Protection Agency has awarded Food Lion, Harveys and Reid’s with its eleventh consecutive Energy Star award.
The Energy Star program, which is in its 20th year, recognizes businesses that implement energy-efficient products, services and buildings in commercial, industrial and public sectors.
"We are honored to receive this Energy Star Sustained Excellence award and are committed to being strong corporate citizens in the communities in which we operate," said Susan Sollenberger, director of energy, maintenance and equipment purchasing at Delhaize America South. "Food Lion, Harveys and Reid’s remain dedicated to environmental stewardship and are proud to continue to lead the way with energy conservation initiatives."