Does Costco's Huge Dividend Raise Make It a Screaming Buy?

The company has far more to offer than a levitating payout.For the most part, companies that consistently raise their dividends tend to do so at modest, if not incremental, rates. By contrast Costco (COST -0.47%) has enjoyed blasting its payout well higher, as its recent annual raises have tended to hover around the mid-teen percentages. Sure enough, in mid-April, the big retailer declared that its upcoming quarterly dividend would be nearly 14% higher than its prior rate. Dividend raises are an easy way to ...