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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