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Stock impact report

4 Reasons to Love Costco's Dividend [The Motley Fool]

Costco Wholesale Corporation (COST) 
Last costco wholesale corporation earnings: 3/5 04:15 pm Check Earnings Report
Company Research Source: The Motley Fool
Just as a handful of companies are cutting or even suspending their dividends,Costco(NASDAQ:COSTincreaseThe boost in the club-warehouse retailer's dividend during these uncertain times is a good reminder of the quality of its dividend. The company's consistent and growing payout makes Costco a greatdividend stockHere are four reasons for investors to love Costco's dividend.Image source: Getty Images.. Impressive dividend historyCostco has been paying a regular dividend for years. Indeed, its first quarterly dividend goes back to 00. This means the company has been paying dividends for 6 years straight, through both the Great and the currentcoronavirus pandemicWith a large portion of its sales coming from staple items, and with its value proposition to consumers being the substantial unit savings it provides its customers in exchange for membership and bulk purchases, the company's business model has proven to hold up well during times of consumer weakness. This makes Costco's dividen Show less Read more
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