According to Dividend Channel, on 8/3/11, Costco Wholesale Corp (COST) will trade ex-dividend, for its quarterly dividend of $0.24, payable on 8/19/11. As a percentage of COST's recent stock price of $77.75, this dividend works out to approximately 0.31%.
Below is a dividend history chart for COST, showing historical dividends prior to the most recent $0.24 declared by Costco Wholesale Corp:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from COST is likely to continue, and whether the current estimated yield of 1.23% on annualized basis is a reasonable expectation of annual yield going forward.
COST operates in the Department Stores sector, among companies like Dollar Tree, Inc. (DLTR) which is off about 0.9% today, and Genuine Parts Co. (GPC) trading lower by about 1.4%. Below is a three month price history chart comparing the stock performance of COST, versus DLTR and GPC.
In Monday trading, Costco Wholesale Corp shares are currently off about 0.6% on the day.