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Costco increases quarterly dividend to $1.30 per share

Costco (COST) announced that its board of directors has declared a quarterly cash dividend on Costco common stock and approved a quarterly increase from $1.16 to $1.30 per share, $5.20 on an annualized basis. The quarterly dividend is payable May 16 to shareholders of record at the close of business on May 2.

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