Costco Stock Returning Cash to Investors
With an annual yield of just 1.2%, Costco Wholesale Corporation (NASDAQ:COST) is far from being a high-dividend stock. However, the company deserves income investors’ attention for a very simple reason: special payouts.
Costco Stock Declares Dividend
At first glance, Costco Wholesale Corporation‘s (NASDAQ:COST) 1.01% dividend yield may not seem like much. But when it comes to dividend growth, few companies can match this membership-only retailer.
After the closing bell on Tuesday, January.
Top Dividend Growth Stock to Consider
In the world of dividend stocks, companies are often ranked by how many years they’ve raised their payout. Stocks with a minimum of 25 consecutive years of annual dividend increases earn the title of.
Expect Higher Payouts from Costco Stock
In dividend investing, the yield is usually calculated by taking the company’s quarterly dividend rate, multiply it by four, and then divide by the current stock price. This is the yield that you see.
Why Costco is a Great Stock for Income Investors
If you check Costco Wholesale Corporation’s (NASDAQ:COST) statistics on any of the financial web sites, you would see a dividend yield of 1.3%, which is not a high number by any.
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