Is Costco a Great Dividend Stock?
The dividend isn't the first thing most investors think about when they're looking at Costco (NASDAQ: COST) stock. Compared to peers like Walmart (NYSE: WMT), the warehouse retailer returns a small portion of its earnings to shareholders and promises a weaker yield.
Yet Costco's dividend is more generous than it might appear, especially since that payout is backed up by an unusually steady flow of earnings. So, let's look at the case for considering Costco a great dividend stock.
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Source Fool.com