Costco to Pay Dividend

October 30, 2012  by in UnCategorized   

By Home Furnishings Business in Furniture Retailing on October 31, 2012

The board of directors for the warehouse retailer Costco Wholesale Corp.  (NASDAQ: COST) has declared a cash dividend.

The quarterly dividend of $.275 per share is payable Nov. 30 to shareholders of record at the close of business on Nov. 16.

Costco currently operates 612 warehouses, including 442 in the United States and Puerto Rico, 83 in Canada, 32 in Mexico, 22 in the United Kingdom, 13 in Japan, nine in Taiwan, eight in Korea and three in Australia. The retailer plans to open up to 10 additional warehouses prior to the end of calendar year 2012.