Costco Wholesale Corporation Announces Quarterly Cash Dividend
July 13 2021 - 7:02PM
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 79 cents per
share. The quarterly dividend is payable August 13, 2021, to
shareholders of record at the close of business on July 30, 2021.
Costco currently operates 810 warehouses,
including 559 in the United States and Puerto Rico, 105 in Canada,
39 in Mexico, 30 in Japan, 29 in the United Kingdom, 16 in Korea,
14 in Taiwan, 12 in Australia, three 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,
Japan, and Australia.
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,
inflation or deflation, 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, COVID-19 related factors and challenges, including
(among others) the duration of the pandemic, the unknown long-term
economic impact, reduced shopping due to illness, travel
restrictions or financial hardship, shifts in demand for products,
reduced workforces due to illness, quarantine, or government
mandates, temporary store closures or operational limitations due
to government mandates, or supply-chain disruptions, capacity
constraints of third-party logistics suppliers, 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: |
Costco Wholesale
CorporationRichard Galanti, 425/313-8203Bob Nelson,
425/313-8255David Sherwood, 425/313-8239Josh Dahmen,
425/313-8254 |
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