By Stephen Nakrosis

 

Costco Wholesale Corp. on Wednesday said its board approved an increase in its quarterly cash dividend to 79 cents from 70 cents a share.

The retailer said the new dividend will be payable May 14 to shareholders of record as of April 30.

 

--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

April 14, 2021 16:49 ET (20:49 GMT)

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