Costco (COST) Raises Quarterly Dividend 13.9% to $0.90; 0.6% Yield

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Costco Wholesale Corporation Announces an Increase In Its Quarterly Cash Dividend

April 13, 2022 4:15 PM EDT

ISSAQUAH, Wash., April 13, 2022 (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 79 to 90 cents per share, $3.60 on an annualized basis. The dividend is payable May 13, 2022, to shareholders of record at the close of business on April 29, 2022.

Costco currently operates 829 warehouses, including 573 in the United States and Puerto Rico, 105 in Canada, 40 in Mexico, 30 in Japan, 29 in the United Kingdom, 16 in Korea, 14 in... More