Costco Wholesale Goes Ex-Dividend

DividendChannel.com

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:

COST Dividend History


Date

Div*


05/11/11

0.240


02/09/11

0.205


10/27/10

0.205


08/04/10

0.205


05/05/10

0.205


02/10/10

0.180


10/21/09

0.180


08/12/09

0.180


05/13/09

0.180


02/11/09

0.160


11/12/08

0.160


08/06/08

0.160


05/14/08

0.160


02/13/08

0.145


11/28/07

0.145


07/25/07

0.145


04/25/07

0.145


02/12/07

0.130


11/15/06

0.130


07/28/06

0.130


05/08/06

0.130


02/07/06

0.115


11/16/05

0.115


08/03/05

0.115


05/04/05

0.115


02/04/05

0.100


11/03/04

0.100


07/21/04

0.100


05/06/04

0.100


* Data may be adjusted for splits; we are not responsible for data errors; always verify data with the company.




COST+Dividend+History+Chart
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COST+Dividend+History+Chart

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.

COST,DLTR,GPC Relative Performance Chart
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COST,DLTR,GPC Relative Performance Chart

In Monday trading, Costco Wholesale Corp shares are currently off about 0.6% on the day.

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