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Costco Wholesale (COST) 3-Year Dividend Growth Rate

: 12.50% (As of Feb. 2024)
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Costco Wholesale's Dividends per Share for the three months ended in Feb. 2024 was $1.02.

The historical rank and industry rank for Costco Wholesale's 3-Year Dividend Growth Rate or its related term are showing as below:

COST' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 11.5   Med: 12.6   Max: 40.1
Current: 12.5

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Costco Wholesale was 40.10% per year. The lowest was 11.50% per year. And the median was 12.60% per year.

COST's 3-Year Dividend Growth Rate is ranked better than
67.18% of 131 companies
in the Retail - Defensive industry
Industry Median: 7.6 vs COST: 12.50

During the past 12 months, Costco Wholesale's average Dividends Per Share Growth Rate was 13.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 12.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 12.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 12.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Costco Wholesale's Dividend Payout Ratio for the three months ended in Feb. 2024 was 0.26. As of today, Costco Wholesale's Dividend Yield % is 0.57%.

Warning Sign:

Costco Wholesale Corp stock dividend yield is close to 10-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Discount Stores subindustry, Costco Wholesale's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Costco Wholesale 3-Year Dividend Growth Rate Distribution

For the Retail - Defensive industry and Consumer Defensive sector, Costco Wholesale's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Costco Wholesale's 3-Year Dividend Growth Rate falls into.



Costco Wholesale 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Costco Wholesale  (NAS:COST) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Costco Wholesale's Dividend Payout Ratio for the quarter that ended in Feb. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Feb. 2024 )/ EPS without NRI (Q: Feb. 2024 )
=1.02/ 3.866
=0.26

During the past 13 years, the highest Dividend Payout Ratio of Costco Wholesale was 0.32. The lowest was 0.26. And the median was 0.29.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Costco Wholesale Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 1.0202024-02-012024-02-022024-02-16Cash DividendquarterlyUSD:USD 1.000000
USD 1.0202023-11-022023-11-032023-11-17Cash DividendquarterlyUSD:USD 1.000000
USD 1.0202023-08-242023-08-252023-09-08Cash DividendquarterlyUSD:USD 1.000000
USD 1.0202023-05-042023-05-052023-05-19Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Costco Wholesale's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=4.08/709.51
=0.58 %

Current Share Price is $709.51.
Costco Wholesale's Dividends per Share for the trailing twelve months (TTM) ended in Today is $4.08.

During the past 13 years, the highest Dividend Yield of Costco Wholesale was 1.23%. The lowest was 0.53%. And the median was 0.94%.

Warning Sign:

Costco Wholesale Corp stock dividend yield is close to 10-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Costco Wholesale 3-Year Dividend Growth Rate Related Terms>


Costco Wholesale (COST) Business Description

Address
999 Lake Drive, Issaquah, WA, USA, 98027
Costco operates a membership-based, no-frills retail model, predicated on offering a select product assortment in bulk quantities at bargain prices. The firm avoids maintaining costly product displays by keeping inventory on pallets and limits distribution expenses by storing its inventory at point of sale in the warehouse. Given Costco's frugal cost structure, the firm is able to price its merchandise below competing retailers, driving high sales volume per warehouse and allowing the retailer to generate strong profits on thin margins. Costco operates nearly 600 warehouses in the United States and boasts over 60% market share in the domestic warehouse club industry. Internationally, Costco operates another 270 warehouses, primarily in markets such as Canada, Mexico, Japan, and the U.K.
Executives
W Craig Jelinek officer: Executive VP 999 LAKE DRIVE, ISSAQUAH WA 98027
Yoram Rubananko officer: Executive VP 999 LAKE DRIVE, ISSAQUAH WA 98027
Caton Frates officer: Executive Vice President 999 LAKE DRIVE, ISSAQUAH WA 98027
Daniel M. Hines other: Principal Acctg Officer 999 LAKE DRIVE, ISSAQUAH WA 98027
Richard A Galanti director, officer: Executive VP and CFO 999 LAKE DRIVE, ISSAQUAH WA 98027
Pierre Riel officer: EVP 999 LAKE DRIVE, ISSAQUAH WA 98027
Russell D Miller officer: Executive Vice President 999 LAKE DRIVE, ISSAQUAH WA 98027
Claudine Adamo officer: Executive Vice President 999 LAKE DRIVE, ISSAQUAH WA 98027
James C Klauer officer: Executive Vice President 999 LAKE DRIVE, ISSAQUAH WA 98027
Patrick J Callans officer: Executive VP 999 LAKE DRIVE, ISSAQUAH WA 98027
Helena Foulkes director ONE CVS DRIVE, WOONSOCKET RI 02895
Susan L Decker director C/O YAHOO INC, 701 FIRST AVE, SUNNYVALE CA 94089
Roland Michael Vachris officer: Executive VP 999 LAKE DRIVE, ISSAQUAH WA 98027
James P. Murphy officer: Executive VP 999 LAKE DRIVE, ISSAQUAH WA 98027
Kenneth D Denman director