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Costco Just Paid Investors: Here's How Much They Got

Summary by 247wallst.com

Costco Wholesale Corp. (NASDAQ: COST) is rewarding its shareholders once again, this time with a quarterly dividend of $1.16, payable on Friday, Feb. 21. That is in line with the prior three payouts. 24/7 Wall St. Key Points: Costco Wholesale Corp. (NASDAQ: COST) just rewarded its shareholders again with a quarterly dividend. Its dividend has grown significantly over the past decade. Take this quiz to see if you’re on track to retire. (spons…

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Business Insider

Why famed investor Charlie Munger once told Costco it's important to 'stick to our knitting'

Charlie Munger was on Costco's board for more than a quarter of a century.Lane Hickenbottom/ReutersThe late investor Charlie Munger gave Costco some advice while a member of its board for over 25 years.Costco chairman Hamilton James recently said Munger advised to "stick to our knitting."Munger said the warehouse store chain should keep doing "what we've always been doing."How does a warehouse club giant like Costco sustain business success? The…

3 hours ago·United States

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