Costco (COST) Raises Quarterly Dividend 7.7% to $0.70; 0.9% Yield

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Costco Wholesale Corporation Announces an Increase in Its Quarterly Cash Dividend

April 15, 2020 4:19 PM EDT

ISSAQUAH, Wash., April 15, 2020 (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 65 to 70 cents per share, or $2.80 on an annualized basis. The dividend is payable May 15, 2020, to shareholders of record at the close of business on May 1, 2020.

Costco currently operates 787 warehouses, including 547 in the United States and Puerto Rico, 100 in Canada, 39 in Mexico, 29 in the United Kingdom, 26 in Japan, 16 in Korea, 13 in... More