|Bid||369.80 x 800|
|Ask||373.00 x 900|
|Day's range||370.04 - 371.53|
|52-week range||293.84 - 393.15|
|Beta (5Y monthly)||0.65|
|PE ratio (TTM)||37.86|
|Earnings date||27 May 2021|
|Forward dividend & yield||3.16 (0.85%)|
|Ex-dividend date||29 Apr 2021|
|1y target est||387.50|
Costco Wholesale (NASDAQ: COST) and Starbucks (NASDAQ: SBUX) have both been great stocks to own over the past few years. For the month of March, adjusted comparable sales (excluding the impacts from changes in gasoline prices and foreign exchange) rose 11.1%, with e-commerce revenue increasing at an impressive 54.5%. Although these March figures showed a slight deceleration from January and February, they clearly demonstrate the strength of Costco's business.
If these companies stay on their current courses, they'll have plenty of room to make big boosts in their payouts to shareholders.
Just five months after Costco Wholesale (NASDAQ: COST) gave shareholders a generous special dividend of $10 per share, the company announced today it is now raising its base dividend by 12.9%. The new $0.79 quarterly dividend is an increase from the previous $0.70, and represents an annual yield just shy of 1% at today's share price of about $368. Costco, the third largest global retailer, has long been known as a good employer to its 275,000 workers.