Costco Stock Dividend

Dividend Information for Costco Wholesale Corporation

Current Yield and Historical Performance

Costco Wholesale Corporation (COST) currently offers a dividend yield of around 1.0%. Historically, COST has consistently paid and increased its dividends over the past several years.

Dividend Payment Schedule

COST pays dividends quarterly, typically in March, June, September, and December. The company has a long history of increasing its dividend on an annual basis.

Direct Stock Purchase Plan

Costco Wholesale offers a Direct Stock Purchase Plan (DSPP) that allows investors to purchase shares of COST stock directly from the company at a discount from the market price.

Eligibility and Enrollment

To be eligible for the DSPP, you must be a U.S. resident and maintain a minimum balance of $500 in your account. Enrolling in the plan is straightforward and can be done online or by mail.

Benefits of the DSPP

Participating in the DSPP offers several benefits, including:

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Discounted stock purchases

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Automatic monthly investments

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Long-term dividend income

Conclusion

Costco Wholesale Corporation is a well-established company with a strong dividend history. Its current dividend yield of 1.0% may not be the highest, but the company's commitment to increasing its dividend over the years makes it an attractive choice for dividend investors looking for a reliable source of income.