Costco bucks dividend suspension trend with near 8% raise [Reuters]
Costco Wholesale Corporation (COST)
Last costco wholesale corporation earnings: 3/5 04:15 pm
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Source: Reuters
Costco bucks dividend suspension trend with near 8% raise (Reuters) - Costco Wholesale Corp ( COST.O ) said on Wednesday it would raise its quarterly dividend by 7.7% to 70 cents per share, at a time when several major companies have suspended cash returns to shareholders to shore up liquidity. Unlike the rest of corporate America, which has been hammered by the coronavirus crisis, grocery retailers and some packaged-food companies have seen sales surge in recent weeks, as consumers stockpile household essentials to weather strict lockdowns across the United States. Costco, which last week reported a 9.6% jump in March comparable sales, joins Procter & Gamble ( PG.N ) and Johnson & Johnson ( JNJ.N ) which also raised their dividends earlier this week. Costco’s dividend is payable on May 15.
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News
- Costco Wholesale Corporation (COST): A Bull Case Theory [Yahoo! Finance]Yahoo! Finance
- Costco Wholesale Corporation Announces Nomination of Gina Raimondo to Board of Directors [Yahoo! Finance]Yahoo! Finance
- Costco Wholesale Corporation Announces Nomination of Gina Raimondo to Board of DirectorsGlobeNewswire
- Costco Wholesale (NASDAQ:COST) had its "neutral" rating reaffirmed by analysts at DA Davidson. They now have a $1,000.00 price target on the stock.MarketBeat
- Costco Wholesale Corporation Reports November Sales Results [Yahoo! Finance]Yahoo! Finance
COST
Earnings
- 9/25/25 - Beat
COST
Sec Filings
- 12/4/25 - Form DEFA14A
- 12/4/25 - Form DEF
- 12/4/25 - Form ARS
- COST's page on the SEC website