Costco Board Declares 20.5 Cents Per Share Quarterly Dividend

April 22, 2010  by in UnCategorized   

By Home Furnishings Business in Financial Reports on April 23, 2010 Costco Wholesale Corporation (NASDAQ: COST) has declared a quarterly cash dividend on its common stock and approved a quarterly increase from $.18 to $.205 per share, or $.82 per share on an annualized basis.

The dividend of $.205 per share is payable May 21 to shareholders of record at the close of business May 7.

Issaquah, Wash.-based Costco currently operates 567 warehouses, including 414 in the United States and Puerto Rico, 77 in Canada, 21 in the United Kingdom, seven in Korea, six in Taiwan, nine in Japan, one in Australia and 32 in Mexico. The retailer plans to open an additional five to six new warehouses prior to the end of its 2010 fiscal year Aug. 29.