Costco Wholesale Corporation Announces Quarterly Cash Dividend
January 23 2020 - 4:15PM
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 65 cents per
share. The quarterly dividend is payable February 21, 2020, to
shareholders of record at the close of business on February 7,
2020.
Costco currently operates 785 warehouses,
including 546 in the United States and Puerto Rico, 100 in Canada,
39 in Mexico, 29 in the United Kingdom, 26 in Japan, 16 in Korea,
13 in Taiwan, 11 in Australia, two in Spain, and one each in
Iceland, France, and China. Costco also operates e-commerce sites
in the U.S., Canada, the United Kingdom, Mexico, Korea, Taiwan and
Japan.
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,
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), energy and certain
commodities, geopolitical conditions (including tariffs), the
ability to maintain effective internal control over financial
reporting, 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.
CONTACTS: |
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Costco Wholesale Corporation |
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Richard Galanti, 425/313-8203 |
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Bob Nelson, 425/313-8255 |
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David Sherwood, 425/313-8239 |
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Josh Dahmen, 425/313-8254 |
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