Costco Wholesale Corporation's Board of Directors has declared an increase in its quarterly cash dividend from $1.30 to $1.47 per share, representing a 13.1% increase. The new dividend rate equates to an annualized dividend of $5.88 per share.
Key Details
- New Quarterly Dividend: $1.47 per share (an increase of $0.17 from the previous $1.30 per share).
- Payment Date: The dividend is payable on May 15, 2026.
- Record Date: The dividend will be paid to shareholders of record at the close of business on May 1, 2026.