Costco Wholesale Corp shares declined by -14.39 % over the past 30 Days Costco Wholesale Corp shares are currently trading on the NASDAQ by 2.4% above its 52 week average.
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In a recent press release, Costco Wholesale Corporation (Nasdaq: COST) declared a quarterly cash dividend of $1.16 per share, underscoring its steady financial health and commitment to shareholder returns. This dividend is set to be paid on February 21, 2025, to shareholders recorded by the close of business on February 7, 2025.This announcement follows an impressive period for Costco, marked by robust sales growth amid the fluctuating economic landscape. On January 8, 2025, Costco reported significant increases in sales, highlighting its ability to navigate market challenges effectively. This resilience is largely attributed to the company s operational efficiency and a motivated workforce that continues to deliver exceptional service to its customers.
Costco Wholesale Corporation Reports Strong June Sales Results and Announces Quarterly Dividend Increase Costco Wholesale Corporation (Costco) has announced its financial results for the retail month of June, reporting a 7.4 percent increase in net sales compared to the previous year. In addition to its strong sales performance, Costco also declared plans for a quarterly cash dividend and a membership fee increase. The company s net sales for June totaled $24.48 billion, showcasing Costco s continued growth and success in the retail sector. This positive performance is reflected in Costco s 12 Months dividend pay out ratio, which decreased to 125.05% in the third quarter of 2024 but remains above the industry average of 52.1%.
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