However, valuation is no longer cheap. WMT stock’s forward price-to-earnings (P/E) multiple is about 43 times, well above the sector average. Still, the Dividend Aristocrat story is intact here. Walmart has raised its dividend for 52-straight years, and pays quarterly. The company most recently declared a dividend of $0.235 per share, although its yield of 0.82% is below the Consumer Staples average of about 2%.WMT stock is up 23% over the past 52 weeks and up 1.5% year-to-date (YTD), showing investors have ...