8-KOther EventsExhibits & Filings

COSTCO WHOLESALE CORP /NEW 8-K Report, Corporate Update (Apr 13, 2022)

Filed April 13, 2022For Securities:COST

Summary

Costco Wholesale Corporation (COST) announced on April 13, 2022, a quarterly cash dividend increase to $0.90 per share. This represents an annualized dividend of $3.60 per share, signaling continued confidence in the company's financial health and its commitment to returning value to shareholders. The dividend is payable on May 13, 2022, to stockholders of record as of April 29, 2022. This dividend increase, declared by the Board of Directors, is a positive indicator for investors, suggesting robust performance and a strong cash flow generation capability. Investors should note that this is a regular quarterly dividend, and the increase reflects the company's sustained financial strength rather than a one-time special payout. The consistency and growth of dividends are often key metrics for income-focused investors.

Key Highlights

  • 1Quarterly cash dividend increased to $0.90 per share.
  • 2Annualized dividend rate is now $3.60 per share.
  • 3Dividend declared on April 13, 2022.
  • 4Payment date for the dividend is May 13, 2022.
  • 5Record date for dividend eligibility is April 29, 2022.
  • 6The increase reflects the Board of Directors' confidence in the company's financial performance.
  • 7This filing includes an accompanying press release dated April 13, 2022.

Frequently Asked Questions

The quarterly cash dividend has been increased to $0.90 per share.

The dividend will be payable on May 13, 2022.

Shareholders of record at the close of business on April 29, 2022, will receive the dividend.

The increase in the quarterly dividend indicates the company's strong financial performance and confidence in its ability to generate sustained cash flow, allowing it to return more capital to shareholders.