Costco Dividend Increase
On 15 April, Costco (COST) increased its dividend by 13.08%, from $1.30 to $1.47 per share.
The dividend is payable on 15 May to shareholders of record on 1 May.
COST’s contribution to DivGro’s projected annual dividend income will increase by $17 to $147.
I own 25 shares of COST at an average cost basis of $431.78 per share. Following this increase, my yield on cost is 1.36%. (The stock’s forward yield is 0.59% at $1,004.06 per share).
Since I opened my position in August 2019, the stock has delivered a total return of 142%, including $922.80 in dividends. That’s a sensational annualized rate of return of 23.4%!
COST became DivGro’s 41st Home Run stock in November 2021, when it doubled my original capital
outlay.
5-Year History of Dividend Payouts by Ex-Date
| 2021 | 2022 | 2023 | 2024 | 2025 | • | 2026 |
| $3.07 | $3.49 | $3.96 | $4.50 | $5.06 | ⬆ | $5.71✝ |
| 11.64% | 13.68% | 13.47% | 13.64% | 12.44% | ⬆ | 12.85% |
| 5-year DGR: | 12.97% | ⬆ | 13.21% |
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✝projected, assuming no further changes
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