Costco declares quarterly dividend of $1.30 per share

Published 16/07/2025, 21:26
Costco declares quarterly dividend of $1.30 per share

ISSAQUAH, Wash. - Costco Wholesale Corporation (NASDAQ:COST) announced Wednesday that its Board of Directors has declared a quarterly cash dividend of $1.30 per share on common stock.

The dividend will be payable on August 15, 2025, to shareholders of record at the close of business on August 1, 2025, according to a company press release.

Costco currently operates 908 warehouses globally, with 625 locations in the United States and Puerto Rico. The retailer’s international presence spans 13 countries, including 109 warehouses in Canada, 41 in Mexico, and 37 in Japan.

The membership warehouse club also maintains e-commerce operations in eight countries: the United States, Canada, the United Kingdom, Mexico, Korea, Taiwan, Japan, and Australia.

The company’s announcement comes as Costco continues its steady expansion, having recently added locations in diverse markets ranging from established territories like the United States to newer markets such as China, where it now operates seven warehouses.

In other recent news, Costco Wholesale reported June 2025 monthly sales of $26.4 billion, marking an 8.0% increase year-over-year. The sales growth was bolstered by a 5.8% rise in comparable sales and the addition of 25 new warehouses. U.S. comparable sales grew by 5.5%, while international operations saw stronger performance with 8.2% growth. Analysts have taken varied stances on Costco’s performance, with Truist Securities maintaining a Hold rating due to valuation concerns, while William Blair and Evercore ISI reiterated their Outperform ratings. Mizuho maintained a Neutral rating, noting Costco’s valuation as "largely full." JPMorgan, on the other hand, emphasized the company’s better-than-expected international segment performance and maintained an Overweight rating. E-commerce sales also saw a notable increase of 11.2%, excluding foreign exchange effects. Despite signs of slowing sales growth, analysts remain attentive to Costco’s strategic reinvestments, including enhanced membership benefits.

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