The board of directors of Wal-Mart Stores, Inc. declared a quarterly cash dividend on the common stock of six cents ($.06) per share, payable Jan. 8, 2001, to shareholders of record on Dec. 22, 2000.

As of Oct. 31, 2000, the company had 1,723 Wal-Mart stores, 866 Supercenters, 469 SAMÕS Clubs and 15 Neighborhood Markets in the United States. Internationally, the company operated units in Argentina (11), Brazil (18), Canada (169), China (8), Germany (95), Korea (6), Mexico (483), Puerto Rico (15) and United Kingdom (240). Wal-Mart employs more than 885,000 associates in the United States and 255,000 internationally. Its securities are listed on the New York and Pacific stock exchanges.