Costco (COST) Raises Quarterly Dividend 14% to $0.65, 1.1% Yield; Board Reauthorizes Share Buyback Up to $4B (Friday)

Costco (NASDAQ: COST) declared a quarterly dividend of $0.65 per share, or $2.6 annualized. This is a 14% increase from the prior dividend of $0.57.

The dividend will be payable on May 26, 2019, to stockholders of record on May 10, 2019, with an ex-dividend date of May 9, 2019.

The annual yield on the dividend is 1.1 percent.

Share Buyback Re-authorization

Board of Directors has reauthorized a common stock repurchase program of up to $4 billion. This program will expire in April 2023 and replaces the current $4 billion program (which expired earlier this month), which had unused authorization of approximately $2.2 billion.

For a dividend history and other dividend-related data on Costco (COST) click here.

You May Also Be Interested In

• MDU Resources Group (MDU) Raises Quarterly Dividend 3.6% to $0.145; 2.9% Yield
• Murphy USA Inc. (MUSA) Declares $0.65 Quarterly Dividend; 0.5% Yield
• Winnebago Industries (WGO) Raises Quarterly Dividend 2.9% to $0.36; 4.4% Yield