Investors Cheer as Costco (COST) Raises Its Quarterly Dividend 13%
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Retail giant Costco Wholesale (COST) has raised its quarterly dividend by 13% to $1.47 per share, effective May 15 for shareholders on record by May 1. This increase marks the 22nd consecutive year of dividend growth, with a total increase of 1,200% since 2004. The annual dividend yield is now 0.60%. Investors are also curious about the timing of the next special dividend, as Costco has a history of issuing them, with the last being $15 per share in 2023.
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