By Elias Schisgall


Costco is increasing its quarterly dividend by 13% to $1.47 a share, up from $1.30.

The new payout, equivalent to $5.88 a year, represents a 0.6% annual yield based on the company's Wednesday closing price of $984.75.

The dividend will be paid on May 15 to shareholders of record as of May 1.


Write to Elias Schisgall at elias.schisgall@wsj.com


(END) Dow Jones Newswires

04-15-26 1644ET