Costco Wholesale Corporation, together with its subsidiaries, engages in the operation of membership warehouses in the United States, Puerto Rico, Canada, the United Kingdom, Mexico, Japan, Korea, Australia, Spain, France, Iceland, China, and Taiwan. It offers branded and private-label products in a range of merchandise categories. The company offers sundries, dry groceries, candies, coolers, freezers, liquor, and tobacco and deli products; appliances, electronics, health and beauty aids, hardware, garden and patio products, sporting goods, tires, toys and seasonal products, office supplies, automotive care products, postages, tickets, apparel, small appliances, furniture, domestics, housewares, special order kiosks, and jewelry; and meat, produce, service deli, and bakery products. It also operates pharmacies, opticals, food courts, hearing-aid centers, and tire installation centers, as well as 636 gas stations; and offers business delivery, travel, same-day grocery, and various other services online in various countries. As of August 29, 2021, the company operated 815 membership warehouses, including 564 in the United States and Puerto Rico, 105 in Canada, 39 in Mexico, 30 in Japan, 29 in the United Kingdom, 16 in South Korea, 14 in Taiwan, 12 in Australia, 3 in Spain, 1 in Iceland, 1 in France, and 1 in China. It also operates e-commerce websites in the United States, Canada, the United Kingdom, Mexico, South Korea, Taiwan, Japan, and Australia. The company was formerly known as Costco Companies, Inc. and changed its name to Costco Wholesale Corporation in August 1999. Costco Wholesale Corporation was founded in 1976 and is based in Issaquah, Washington.
Costco Wholesale Dividend Announcement
• Costco Wholesale announced a quarterly dividend of $1.16 per ordinary share which will be made payable on 2024-11-15. Ex dividend date: 2024-11-01
• Costco Wholesale annual dividend for 2024 was $4.50
• Costco Wholesale annual dividend for 2023 was $18.96
• Costco Wholesale's trailing twelve-month (TTM) dividend yield is 2.28%
• Costco Wholesale's payout ratio for the trailing twelve months (TTM) is 122.72%
• Costco Wholesale's dividend growth over the last five years (2018-2023) was 53.71% year
• Costco Wholesale's dividend growth over the last ten years (2013-2023) was 31.73% year
Costco Wholesale Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-01 | $1.16 | quarterly | 2024-11-15 |
2024-07-26 | $1.16 | quarterly | 2024-08-09 |
2024-04-25 | $1.16 | quarterly | 2024-05-10 |
2024-02-01 | $1.02 | quarterly | 2024-02-16 |
2023-12-27 | $15.00 | quarterly | 2024-01-12 |
2023-11-02 | $1.02 | quarterly | 2023-11-17 |
2023-08-24 | $1.02 | quarterly | 2023-09-08 |
2023-05-04 | $1.02 | quarterly | 2023-05-19 |
2023-02-02 | $0.90 | quarterly | 2023-02-17 |
2022-10-27 | $0.90 | quarterly | 2022-11-10 |
2022-07-28 | $0.90 | quarterly | 2022-08-12 |
2022-04-28 | $0.90 | quarterly | 2022-05-13 |
2022-02-03 | $0.79 | quarterly | 2022-02-18 |
2021-10-28 | $0.79 | quarterly | 2021-11-12 |
2021-07-29 | $0.79 | quarterly | 2021-08-13 |
2021-04-29 | $0.79 | quarterly | 2021-05-14 |
2021-02-04 | $0.70 | quarterly | 2021-02-19 |
2020-12-01 | $10.00 | quarterly | 2020-12-11 |
2020-10-29 | $0.70 | quarterly | 2020-11-13 |
2020-07-30 | $0.70 | quarterly | 2020-08-14 |
2020-04-30 | $0.70 | quarterly | 2020-05-15 |
2020-02-06 | $0.65 | quarterly | 2020-02-21 |
2019-10-31 | $0.65 | quarterly | 2019-11-15 |
2019-08-29 | $0.65 | quarterly | 2019-09-13 |
2019-05-09 | $0.65 | quarterly | 2019-05-24 |
2019-02-07 | $0.57 | quarterly | 2019-02-22 |
2018-11-08 | $0.57 | quarterly | 2018-11-23 |
2018-08-30 | $0.57 | quarterly | 2018-09-14 |
2018-05-10 | $0.57 | quarterly | 2018-05-25 |
2018-02-15 | $0.50 | quarterly | 2018-03-02 |
2017-11-16 | $0.50 | quarterly | 2017-12-01 |
2017-08-16 | $0.50 | quarterly | 2017-09-01 |
2017-05-10 | $0.50 | quarterly | 2017-05-26 |
2017-05-08 | $7.00 | quarterly | 2017-05-26 |
2017-02-08 | $0.45 | quarterly | 2017-02-24 |
2016-11-02 | $0.45 | quarterly | 2016-11-18 |
2016-08-10 | $0.45 | quarterly | 2016-08-26 |
2016-04-27 | $0.45 | quarterly | 2016-05-13 |
2016-02-10 | $0.40 | quarterly | 2016-02-26 |
2015-11-10 | $0.40 | quarterly | 2015-11-27 |
2015-08-12 | $0.40 | quarterly | 2015-08-28 |
2015-04-29 | $0.40 | quarterly | 2015-05-15 |
2015-02-11 | $0.35 | quarterly | 2015-02-27 |
2015-02-05 | $5.00 | quarterly | 2015-02-27 |
2014-11-12 | $0.35 | quarterly | 2014-11-28 |
2014-07-09 | $0.35 | quarterly | 2014-07-25 |
2014-05-14 | $0.35 | quarterly | 2014-05-30 |
2014-02-12 | $0.31 | quarterly | 2014-02-28 |
2013-11-13 | $0.31 | quarterly | 2013-11-29 |
2013-08-07 | $0.31 | quarterly | 2013-08-23 |
2013-05-15 | $0.31 | quarterly | 2013-05-31 |
2013-02-06 | $0.28 | quarterly | 2013-02-22 |
Costco Wholesale Dividend per year
Costco Wholesale Dividend growth
Costco Wholesale Dividend Yield
Costco Wholesale current trailing twelve-month (TTM) dividend yield is 2.28%. Interested in purchasing Costco Wholesale stock? Use our calculator to estimate your expected dividend yield:
Costco Wholesale Financial Ratios
Costco Wholesale Dividend FAQ
Other factors to consider when evaluating Costco Wholesale as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Costco Wholesale's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Costco Wholesale publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Costco Wholesale distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Costco Wholesale are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Costco Wholesale sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Costco Wholesale distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Costco Wholesale declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Costco Wholesale's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Costco Wholesale's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.