Bay Street News

Costco Wholesale Corporation Announces an Increase in Its Quarterly Cash Dividend

ISSAQUAH, Wash., April 15, 2020 (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 65 to 70 cents per share, or $2.80 on an annualized basis. The dividend is payable May 15, 2020, to shareholders of record at the close of business on May 1, 2020.
Costco currently operates 787 warehouses, including 547 in the United States and Puerto Rico, 100 in Canada, 39 in Mexico, 29 in the United Kingdom, 26 in Japan, 16 in Korea, 13 in Taiwan, 12 in Australia, two in Spain, and one each in Iceland, France, and China. Costco also operates e-commerce sites in the U.S., Canada, the United Kingdom, Mexico, Korea, Taiwan, Japan, and Australia.Costco Wholesale Corporation
                        Richard Galanti, 425/313-8203
                        Bob Nelson, 425/313-8255
                        David Sherwood, 425/313-8239
                        Josh Dahmen, 425/313-8254

Bay Street News