---
title: "Costco Stock (COST) Hits 52-Week High as Company Raises Dividend 13%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286793057.md"
description: "Costco Wholesale (COST) shares reached a 52-week high after the company raised its quarterly dividend by 13% to $1.47 per share, marking a year-to-date gain of 24%. This increase positions Costco closer to becoming a Dividend Aristocrat, having raised dividends for 22 consecutive years. Investors are also anticipating a potential special dividend, as Costco has a history of issuing them every few years."
datetime: "2026-05-18T15:09:23.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286793057.md)
  - [en](https://longbridge.com/en/news/286793057.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286793057.md)
---

# Costco Stock (COST) Hits 52-Week High as Company Raises Dividend 13%

The stock of Costco Wholesale (COST) is at a 52-week high after the grocery retailer raised its quarterly dividend by 13%.

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COST stock traded as high as $1,070.67 per share on May 18, brining its year-to-date gain to 24%. The shares got a boost after Costco announced a 13% increase to its quarterly dividend, taking it to $1.47 per share. Going forward, Costco will pay an annualized dividend of $5.88 a share.

The increased dividend should take the yield on COST stock above 0.60%. The warehouse club has not hiked its distribution to shareholders for 22 consecutive years. Costco is close to becoming a Dividend Aristocrat, defined as a company that has increased its dividend payment for at least 25 consecutive years.

## **A Special Dividend?**

While investors are cheering the latest raise in Costco's base dividend, many are still holding out for a one-time special dividend to be issued by the company. Costco has a history of paying hefty special dividends to shareholders every few years.

Costco typically issues a large special dividend every two to three years when excess cash builds up on its balance sheet. The last special dividend of $15 a share was announced in December 2023 and paid in early 2024. Analysts and investors say the company is due to issue another special dividend.

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