How Safe Is Costco and Its Dividend?
Like many other stocks, Costco Wholesale's (NASDAQ: COST) share price has been volatile since late February. The stock fell from around $325 to $280 in a month before partially recovering to $305.
Most recently, the coronavirus and governments issuing stay-at-home orders caused the market's swoon. However, the retail sector has been under pressure over the last couple of years due to consumers shifting more of their shopping online.
Is this a major concern for Costco and should you worry about the dividend?
Source Fool.com
