Costco Ups Quarterly Dividend By Over 12%
- April 29, 2009
- Dividend News, Dividend Stocks
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Costco (COST: 84.53 +0.30%) announced today that they are increasing their quarterly dividend by over 12% to $.18 per share.
The dividend increase bumps Costco’s current dividend yield to 1.5%.
The dividend will be payable on May 29, 2009 to shareholders of record as of May 15, 2009.
Since the beginning of the year, Costco’s shares have fallen 9% which is relatively inline with the 7% decline in the Dow Jones index.
