Costco (COST) Raises Quarterly Dividend 13.3% to $1.02; 0.8% Yield

Go back to Costco (COST) Raises Quarterly Dividend 13.3% to $1.02; 0.8% Yield

Costco Wholesale Corporation Announces an Increase in Its Quarterly Cash Dividend

April 19, 2023 4:15 PM EDT

ISSAQUAH, Wash., April 19, 2023 (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 90 cents to $1.02 per share, $4.08 on an annualized basis. The dividend is payable May 19, 2023, to shareholders of record at the close of business on May 5, 2023.

Costco currently operates 850 warehouses, including 585 in the United States and Puerto Rico, 107 in Canada, 40 in Mexico, 31 in Japan, 29 in the United Kingdom, 18 in Korea, 14 in... More