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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Costco Wholesale Corporation    COST


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Costco Wholesale Corporation : Announces Quarterly Cash Dividend

10/15/2020 | 09:25am EST

ISSAQUAH, Wash.- Costco Wholesale Corporation ('Costco' or the 'Company') (Nasdaq: COST) today announced that its Board of Directors has declared a quarterly cash dividend on Costco common stock of 70 cents per share. The quarterly dividend is payable November 13, 2020, to shareholders of record at the close of business on October 30, 2020.

Costco currently operates 796 warehouses, including 552 in the United States and Puerto Rico, 102 in Canada, 39 in Mexico, 29 in the United Kingdom, 27 in Japan, 16 in Korea, 13 in Taiwan, 12 in Australia, three in Spain, and one each in Iceland, France, and China. Costco also operates e-commerce sites in the U.S., Canada, the United Kingdom, Mexico, Korea, Taiwan, Japan, and Australia.

Certain statements contained in this document constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. For these purposes, forward-looking statements are statements that address activities, events, conditions or developments that the Company expects or anticipates may occur in the future. In some cases forward-looking statements can be identified because they contain words such as 'anticipate,' 'believe,' 'continue,' 'could,' 'estimate,' 'expect,' 'intend,' 'likely,' 'may,' 'might,' 'plan,' 'potential,' 'predict,' 'project,' 'seek,' 'should,' 'target,' 'will,' 'would,' or similar expressions and the negatives of those terms. Such forward-looking statements involve risks and uncertainties that may cause actual events, results or performance to differ materially from those indicated by such statements. These risks and uncertainties include, but are not limited to, domestic and international economic conditions, including exchange rates, the effects of competition and regulation, uncertainties in the financial markets, consumer and small business spending patterns and debt levels, breaches of security or privacy of member or business information, conditions affecting the acquisition, development, ownership or use of real estate, capital spending, actions of vendors, rising costs associated with employees (generally including health-care costs), energy and certain commodities, geopolitical conditions (including tariffs), the ability to maintain effective internal control over financial reporting, COVID-19 related factors and challenges, including (among others) the duration of the pandemic, the unknown long-term economic impact, reduced shopping due to illness, travel restrictions or financial hardship, shifts in demand away from discretionary or higher-priced products, reduced workforce due to illness, quarantine, or government mandates, temporary store closures due to reduced workforces or government mandates, or supply-chain disruptions, and other risks identified from time to time in the Company's public statements and reports filed with the Securities and Exchange Commission. Forward-looking statements speak only as of the date they are made, and the Company does not undertake to update these statements, except as required by law.

CONTACTS: 	Costco Wholesale Corporation

Richard Galanti, 425/313-8203

Bob Nelson, 425/313-8255

David Sherwood, 425/313-8239

Josh Dahmen, 425/313-8254

(C) 2020 Electronic News Publishing, source ENP Newswire

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Financials (USD)
Sales 2021 181 B - -
Net income 2021 4 309 M - -
Net cash 2021 3 510 M - -
P/E ratio 2021 38,0x
Yield 2021 0,77%
Capitalization 165 B 165 B -
EV / Sales 2021 0,89x
EV / Sales 2022 0,82x
Nbr of Employees 214 500
Free-Float 99,8%
Duration : Period :
Costco Wholesale Corporation Technical Analysis Chart | MarketScreener
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Technical analysis trends COSTCO WHOLESALE CORPORATION
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus OUTPERFORM
Number of Analysts 33
Average target price 382,66 $
Last Close Price 373,43 $
Spread / Highest target 16,5%
Spread / Average Target 2,47%
Spread / Lowest Target -37,1%
EPS Revisions
Walter Craig Jelinek President, Chief Executive Officer & Director
Hamilton Evans James Non-Executive Chairman
James Patrick Murphy Chief Operating Officer-International & EVP
Richard A. Galanti Chief Financial Officer, Director & Executive VP
Paul G. Moulton Chief Information Officer & Executive VP
Sector and Competitors