Why Costco Wholesale Is Not Your Average Dividend Stock

Costco's yield may seem low, but that doesn't mean you won't earn a lot of income from this stock.If you're looking for a quality dividend stock to add to your portfolio, it may be easy to skip over Costco Wholesale (COST -0.11%). The big-box retailer pays a dividend yield of less than 1%, which may look a bit bland. But long-term shareholders know that dividend yields can be misleading in this case. If you had held on to Costco's stock over the past five years, the dividend income you would have received f ...