market. If Wal Mart would be a country, it would be sixth largest country of China in terms of export.
Currently, the company has declared dividend of $1.21, there is an increase of 11% if it is compared with last year $1.09. The growth is equal to growth in earnings per share which the company has maintained since 1999 to 2008, however in 2009 the company had declared dividend with growth of 15% as compared to previous year. The dividend growth has slowed down in last two years against the growth of 19% from 1999-2008. The difference in growth rate in dividend and earnings per share is due to stock buybacks.