The exclamation point in the title is probably a little overblown. But with the bad stock market I am still happy to get my roughly $5 bucks dividend from Costco next month. Here’s the announcement:
Costco Wholesale Corporation (NasdaqGS:COST – News) today announced that its Board of Directors has declared a quarterly cash dividend on Costco Wholesale common stock of $.16 per share, or $.64 per share on an annualized basis. The dividend of $.16 per share is payable November 28, 2008, to shareholders of record at the close of business on November 14, 2008.