Costco Declares $1.30 Quarterly Dividend

Costco announced a $1.30-per-share quarterly dividend payable on November 14, 2025. The company’s notice (announced 2025-10-15) specifies the payment amount and payable date; no ex-dividend or record date details are included in the provided announcement. Investors seeking yield or cash-flow estimates should confirm ex- and record-date timing with the company or its filings before making allocation decisions. This payout arrives after Costco reported FY2025 results (fiscal year ended August 31, 2025) showing $254.5 billion in total revenue and $8.1 billion in net income, with diluted EPS of $18.21. Those results — coupled with a membership model that drove 73.6% of worldwide net sales from Executive members and global renewal rates near 90.5% — indicate a recurring revenue base that supports shareholder distributions. Geographic and segment profit contributions (U.S. operating income representing ~67% of operating income) underline a diversified, large-scale operating footprint that helps sustain cash generation across markets.

Costco’s core model—membership fees, high inventory turns, volume purchasing and proprietary Kirkland Signature assortments—remains the engine behind operating margins and cash flow. E-commerce accounted for roughly 10% of net sales in FY2025, while Foods and Sundries was the largest category by net sales (40.6%). The company operated 914 warehouses as of August 31, 2025, reflecting ongoing expansion as a growth vector. For investors evaluating the dividend, consider that Costco’s capital allocation choices are shaped by recurring membership revenue, strong comparable-sales performance and large-scale procurement advantages. The company has the balance-sheet scale (total assets $77,099M; total equity $29,164M as of FY2025) to support dividends, share buybacks or reinvestment in new warehouses, though the firm’s filings do not specify a formal multi-year dividend policy.