{"id":749269,"date":"2023-04-19T16:31:16","date_gmt":"2023-04-19T20:31:16","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/costco-wholesale-corporation-announces-an-increase-in-its-quarterly-cash-dividend-3\/"},"modified":"2023-04-19T16:31:16","modified_gmt":"2023-04-19T20:31:16","slug":"costco-wholesale-corporation-announces-an-increase-in-its-quarterly-cash-dividend-3","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/costco-wholesale-corporation-announces-an-increase-in-its-quarterly-cash-dividend-3\/","title":{"rendered":"Costco Wholesale Corporation Announces an Increase in Its Quarterly Cash Dividend"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">ISSAQUAH, Wash., April  19, 2023  (GLOBE NEWSWIRE) &#8212; Costco Wholesale Corporation (\u201cCostco\u201d or the \u201cCompany\u201d) (Nasdaq: COST) today announced that its Board of Directors has declared a quarterly cash dividend on Costco common stock and approved a quarterly increase from 90 cents to $1.02 per share, $4.08 on an annualized basis. The dividend is payable May 19, 2023, to shareholders of record at the close of business on May 5, 2023.<\/p>\n<p align=\"justify\">Costco currently operates 850 warehouses, including 585 in the United States and Puerto Rico, 107 in Canada, 40 in Mexico, 31 in Japan, 29 in the United Kingdom, 18 in Korea, 14 in Taiwan, 14 in Australia, four in Spain, three in China, two in France, and one each in Iceland, New Zealand and Sweden. Costco also operates e-commerce sites in the U.S., Canada, the United Kingdom, Mexico, Korea, Taiwan, Japan and Australia.<\/p>\n<p align=\"justify\">Certain statements contained in this document constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. For these purposes, forward-looking statements are statements that address activities, events, conditions or developments that the Company expects or anticipates may occur in the future. In some cases forward-looking statements can be identified because they contain words such as \u201canticipate,\u201d \u201cbelieve,\u201d \u201ccontinue,\u201d \u201ccould,\u201d \u201cestimate,\u201d \u201cexpect,\u201d \u201cintend,\u201d \u201clikely,\u201d \u201cmay,\u201d \u201cmight,\u201d \u201cplan,\u201d \u201cpotential,\u201d \u201cpredict,\u201d \u201cproject,\u201d \u201cseek,\u201d \u201cshould,\u201d \u201ctarget,\u201d \u201cwill,\u201d \u201cwould,\u201d or similar expressions and the negatives of those terms. Such forward-looking statements involve risks and uncertainties that may cause actual events, results or performance to differ materially from those indicated by such statements. These risks and uncertainties include, but are not limited to, domestic and international economic conditions, including exchange rates, inflation or deflation, the effects of competition and regulation, uncertainties in the financial markets, consumer and small business spending patterns and debt levels, breaches of security or privacy of member or business information, conditions affecting the acquisition, development, ownership or use of real estate, capital spending, actions of vendors, rising costs associated with employees (generally including health-care costs), energy and certain commodities, geopolitical conditions (including tariffs and the Ukraine conflict), the ability to maintain effective internal control over financial reporting, regulatory and other impacts related to climate change, public-health related factors, and other risks identified from time to time in the Company\u2019s public statements and reports filed with the Securities and Exchange Commission. Forward-looking statements speak only as of the date they are made, and the Company does not undertake to update these statements, except as required by law.<\/p>\n<table style=\"border-collapse: collapse;border-collapse:collapse\">\n<tr>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: top\">CONTACTS:<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: top\">\u00a0<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: top\">Costco Wholesale Corporation<br \/>Richard Galanti, 425\/313-8203<br \/>David Sherwood, 425\/313-8239<br \/>Josh Dahmen, 425\/313-8254<\/td>\n<\/tr>\n<\/table>\n<p align=\"justify\">COST-COMP<\/p>\n<p \/>\n      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODgxMTQ5MyM1NTM2MjIxIzIwMDg1OTA=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/OTMxODgzYTEtOWUyMy00ZjhlLWFhNzAtMmIwZjU4ZmI3Y2FiLTEwMjAxNjM=\/tiny\/Costco-Wholesale-Corporation.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>ISSAQUAH, Wash., April 19, 2023 (GLOBE NEWSWIRE) &#8212; Costco Wholesale Corporation (\u201cCostco\u201d or the \u201cCompany\u201d) (Nasdaq: COST) today announced that its Board of Directors has declared a quarterly cash dividend on Costco common stock and approved a quarterly increase from 90 cents to $1.02 per share, $4.08 on an annualized basis. The dividend is payable May 19, 2023, to shareholders of record at the close of business on May 5, 2023. Costco currently operates 850 warehouses, including 585 in the United States and Puerto Rico, 107 in Canada, 40 in Mexico, 31 in Japan, 29 in the United Kingdom, 18 in Korea, 14 in Taiwan, 14 in Australia, four in Spain, three in China, two in France, and one each &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/costco-wholesale-corporation-announces-an-increase-in-its-quarterly-cash-dividend-3\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Costco Wholesale Corporation Announces an Increase in Its Quarterly Cash Dividend&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-749269","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Costco Wholesale Corporation Announces an Increase in Its Quarterly Cash Dividend - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/costco-wholesale-corporation-announces-an-increase-in-its-quarterly-cash-dividend-3\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Costco Wholesale Corporation Announces an Increase in Its Quarterly Cash Dividend - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"ISSAQUAH, Wash., April 19, 2023 (GLOBE NEWSWIRE) &#8212; Costco Wholesale Corporation (\u201cCostco\u201d or the \u201cCompany\u201d) (Nasdaq: COST) today announced that its Board of Directors has declared a quarterly cash dividend on Costco common stock and approved a quarterly increase from 90 cents to $1.02 per share, $4.08 on an annualized basis. The dividend is payable May 19, 2023, to shareholders of record at the close of business on May 5, 2023. Costco currently operates 850 warehouses, including 585 in the United States and Puerto Rico, 107 in Canada, 40 in Mexico, 31 in Japan, 29 in the United Kingdom, 18 in Korea, 14 in Taiwan, 14 in Australia, four in Spain, three in China, two in France, and one each &hellip; Continue reading &quot;Costco Wholesale Corporation Announces an Increase in Its Quarterly Cash Dividend&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/costco-wholesale-corporation-announces-an-increase-in-its-quarterly-cash-dividend-3\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-04-19T20:31:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODgxMTQ5MyM1NTM2MjIxIzIwMDg1OTA=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/costco-wholesale-corporation-announces-an-increase-in-its-quarterly-cash-dividend-3\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/costco-wholesale-corporation-announces-an-increase-in-its-quarterly-cash-dividend-3\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Costco Wholesale Corporation Announces an Increase in Its Quarterly Cash Dividend\",\"datePublished\":\"2023-04-19T20:31:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/costco-wholesale-corporation-announces-an-increase-in-its-quarterly-cash-dividend-3\\\/\"},\"wordCount\":420,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/costco-wholesale-corporation-announces-an-increase-in-its-quarterly-cash-dividend-3\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODgxMTQ5MyM1NTM2MjIxIzIwMDg1OTA=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/costco-wholesale-corporation-announces-an-increase-in-its-quarterly-cash-dividend-3\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/costco-wholesale-corporation-announces-an-increase-in-its-quarterly-cash-dividend-3\\\/\",\"name\":\"Costco Wholesale Corporation Announces an Increase in Its Quarterly Cash Dividend - 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