Costco Wholesale Corporation Announces Quarterly Cash Dividend

Rhea-AI Summary

Costco Wholesale (COST) has announced a quarterly cash dividend of $1.16 per share, payable on February 21, 2025, to shareholders of record as of February 7, 2025.

The company currently operates 897 warehouses globally, with the following distribution: 617 in the United States and Puerto Rico, 109 in Canada, 41 in Mexico, 36 in Japan, 29 in the United Kingdom, 19 in Korea, 15 in Australia, 14 in Taiwan, 7 in China, 5 in Spain, 2 in France, and 1 each in Iceland, New Zealand, and Sweden. Costco maintains e-commerce operations in the U.S., Canada, the U.K., Mexico, Korea, Taiwan, Japan, and Australia.

Positive

• Consistent quarterly dividend payment of $1.16 per share
• Extensive global presence with 897 warehouses across 15 countries
• Strong e-commerce presence in 8 major markets

Negative

• None.

ISSAQUAH, Wash., Jan. 23, 2025 (GLOBE NEWSWIRE) -- 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 $1.16 per share. The quarterly dividend is payable February 21, 2025, to shareholders of record at the close of business on February 7, 2025.

Costco currently operates 897 warehouses, including 617 in the United States and Puerto Rico, 109 in Canada, 41 in Mexico, 36 in Japan, 29 in the United Kingdom, 19 in Korea, 15 in Australia, 14 in Taiwan, seven in China, five in Spain, two in France, and one each in Iceland, New Zealand and Sweden. Costco also operates e-commerce sites in the U.S., Canada, the U.K., 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, inflation or deflation, 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 and wages), workforce interruptions, energy and certain commodities, geopolitical conditions (including tariffs), the ability to maintain effective internal control over financial reporting, regulatory and other impacts related to environmental and social matters, public-health related factors, 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. Comparable sales and comparable sales excluding impacts from changes in gasoline prices and foreign exchange are intended as supplemental information and are not a substitute for net sales presented in accordance with U.S. GAAP.

CONTACTS:

Costco Wholesale Corporation David Sherwood, 425/313-8239 Josh Dahmen, 425/313-8254 Andrew Yoon, 425/313-6305

COST-Comp

FAQ

When will Costco (COST) pay its next dividend?

Costco will pay its next quarterly dividend of $1.16 per share on February 21, 2025.

What is the record date for Costco's Q1 2025 dividend?

The record date for Costco's Q1 2025 dividend is February 7, 2025.

How many warehouses does Costco operate globally as of January 2025?

As of January 2025, Costco operates 897 warehouses across 15 countries.

In which countries does Costco have e-commerce operations?

Costco operates e-commerce sites in the U.S., Canada, the U.K., Mexico, Korea, Taiwan, Japan, and Australia.

How many Costco warehouses are there in the United States and Puerto Rico?

Costco operates 617 warehouses in the United States and Puerto Rico.