Costco (COST) Declares $0.90 Quarterly Dividend; Reauthorizes Common Stock Repurchase of up to $4 billion
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Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.6%
Revenue Growth %: +9.4%
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Costco (NASDAQ: COST) declared a quarterly dividend of $0.90 per share, or $3.6 annualized.
The dividend will be payable on February 17, 2023, to stockholders of record on February 3, 2023, with an ex-dividend date of February 2, 2023.
The annual yield on the dividend is 0.8 percent.
Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today announced that its Board of Directors has reauthorized a common stock repurchase program of up to $4 billion. This program will expire in January 2027 and replaces the current $4 billion program (adopted in 2019 and scheduled to expire April 2023), under which approximately $1.4 billion had been purchased. The Board of Directors also declared a quarterly cash dividend on Costco common stock of 90 cents per share. The dividend is payable February 17, 2023, to shareholders of record at the close of business on February 3, 2023.
For a dividend history and other dividend-related data on Costco (COST) click here.
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