Costco Increases Its Dividend: What You Need to Know

The retailer's dividend continues to grow at an impressive double-digit rate.Membership-based wholesale retailer Costco Wholesale (COST 0.53%) said on Wednesday it is increasing its quarterly dividend. This increased payout adds to a growing history of cash payments to shareholders. The company's regular dividend goes back 20 years. In addition, Costco occasionally pays out significant special dividends, which have been dished out to shareholders approximately every three years.This news of another dividend ...