Costco (COST) Raises Quarterly Dividend 14% to $0.57; 1.2% Yield

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Costco Wholesale Corporation Announces an Increase in Its Quarterly Cash Dividend

April 24, 2018 4:53 PM EDT

ISSAQUAH, Wash., April 24, 2018 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation (Costco or the Company) (Nasdaq: COST) today announced that its Board of Directors has declared a quarterly cash dividend on Costco common stock and approved a quarterly increase from 50 to 57 cents per share, or $2.28 on an annualized basis. The dividend is payable May 25, 2018, to shareholders of record at the close of business on May 11, 2018.

Costco currently operates 749 warehouses, including 519 in the United States and... More