Costco Wholesale (BSP:COWC34) Dividend Payout Ratio

: 2.93 (As of Feb. 2024)

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Costco Wholesale's dividend payout ratio for the months ended in Feb. 2024 was 2.93.

The historical rank and industry rank for Costco Wholesale's Dividend Payout Ratio or its related term are showing as below:

BSP:COWC34' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.26 Med: 0.29 Max: 0.91
Current: 0.91

During the past 13 years, the highest Dividend Payout Ratio of Costco Wholesale was 0.91. The lowest was 0.26. And the median was 0.29.

BSP:COWC34's Dividend Payout Ratio is ranked better than
64.09% of 181 companies
in the Retail - Defensive industry
Industry Median: 0.32 vs BSP:COWC34: 0.91

As of today (2024-04-23), the Dividend Yield % of Costco Wholesale is 1.69%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Costco Wholesale was 1.69%. The lowest was 0.53%. And the median was 0.94%.

Costco Wholesale's Dividends per Share for the months ended in Feb. 2024 was R$1.40.

During the past 12 months, Costco Wholesale's average Dividends Per Share Growth Rate was 13.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 12.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 12.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 12.40% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Costco Wholesale was 40.10% per year. The lowest was 11.50% per year. And the median was 12.60% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Costco Wholesale Dividend Payout Ratio Historical Data

The historical data trend for Costco Wholesale's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Costco Wholesale Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Dividend Payout Ratio

0.30

0.32

0.15

0.26

0.25

Costco Wholesale Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Dividend Payout Ratio																0.28	0.35	0.15	0.20	2.93

Competitive Comparison

For the Discount Stores subindustry, Costco Wholesale's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Costco Wholesale Dividend Payout Ratio Distribution

For the Retail - Defensive industry and Consumer Defensive sector, Costco Wholesale's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Costco Wholesale's Dividend Payout Ratio falls into.

Costco Wholesale Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Costco Wholesale's Dividend Payout Ratio for the fiscal year that ended in Aug. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Aug. 2023 )	/	EPS without NRI (A: Aug. 2023 )
	=	0.434	/	1.729
	=	0.25

Costco Wholesale's Dividend Payout Ratio for the quarter that ended in Feb. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Feb. 2024 )	/	EPS without NRI (Q: Feb. 2024 )
	=	1.404	/	0.479
	=	2.93

Costco Wholesale (BSP:COWC34) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Costco Wholesale Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Costco Wholesale's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Costco Wholesale (BSP:COWC34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Costco Wholesale Corp (BSP:COWC34) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

COST:USA COST:Mexico CTO0:Germany CTO:Germany CTO:Germany CTO:Germany CTO:Germany COST:Chile COST:Canada COST:Argentina

Address

999 Lake Drive, Issaquah, WA, USA, 98027

Website

https://www.costco.com

Costco operates a membership-based, no-frills retail model, predicated on offering a select product assortment in bulk quantities at bargain prices. The firm avoids maintaining costly product displays by keeping inventory on pallets and limits distribution expenses by storing its inventory at point of sale in the warehouse. Given Costco's frugal cost structure, the firm is able to price its merchandise below competing retailers, driving high sales volume per warehouse and allowing the retailer to generate strong profits on thin margins. Costco operates nearly 600 warehouses in the United States and boasts over 60% market share in the domestic warehouse club industry. Internationally, Costco operates another 270 warehouses, primarily in markets such as Canada, Mexico, Japan, and the U.K.

Costco Wholesale (BSP:COWC34) Headlines

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