Costco Announces Increase In Quarterly Cash Dividend

Costco Wholesale Corporation has announced that its Board of Directors has approved a quarterly increase from 90 cents to $1.02 per share, $4.08 on an annualized basis

Dividends

Costco Wholesale Corporation has 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 on May 19, 2023, to shareholders of record at the close of business on May 5, 2023.

Increase in dividend

Costco's decision to increase its quarterly dividend to $1.02 per share, a 13% increase from the previous dividend of 90 cents, is a positive sign for shareholders. It reflects the company's strong financial performance and confidence in its future growth prospects.

Members of LevelFields received the alert of this event on April 19, 4:35 PM ET

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