Why Costco Stock Is a Top Dividend Pick for Long-Term Investors

Thursday, 14 March 2024, 09:10

Costco Wholesale (NASDAQ: COST) stock has shown remarkable growth over the years with a history of increasing dividends. Despite slow growth and an expensive stock valuation, Costco remains a reliable choice for dividend investors seeking long-term stability. With a strong revenue stream from membership fees and potential for future dividend increases, Costco emerges as a promising dividend stock for the foreseeable future.
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Why Costco Stock Is a Top Dividend Pick for Long-Term Investors

Why Costco is a forever dividend stock

Forever Category Business

  • Costco operates in high-demand sectors like groceries and household goods, ensuring a steady customer base.

Membership-Based Profit Model

  1. Costco's key profits come from membership fees, providing stable and recurring revenue.

Dividend Growth Potential

Costco has a track record of increasing quarterly dividends for 19 consecutive years, indicating room for future growth.

For investors seeking consistent dividend growth, Costco remains a strong candidate.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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