ISSAQUAH, WA--(MARKET WIRE)--Apr 25, 2006 -- Costco Wholesale Corporation (NasdaqNM:COST - News)
today announced that its Board of Directors has declared
a quarterly cash
dividend on Costco Wholesale common stock and approved an
increase from
$.115 to $.13 per share each quarter, or $.52 per share
on an annualized
basis. The dividend of $.13 per share declared today is
payable May 26,
2006, to shareholders of record at the close of business
on May 10, 2006.
Costco currently operates 473 warehouses, including 346
in the United
States and Puerto Rico, 68 in Canada, 17 in the United Kingdom,
five in
Korea, four in Taiwan, five in Japan and 28 in Mexico. The
Company also
operates Costco Online, an electronic commerce web site,
at www.costco.com
and at www.costco.ca
in Canada. The Company plans to open an additional 17
to 19 new warehouses, including the relocation of one warehouse
to a larger
and better-located facility, prior to the end of its 53-week
fiscal year
ending on September 3, 2006.
Contact:
CONTACTS:
Costco Wholesale Corporation
Richard Galanti,
425/313-8203
Bob Nelson,
425/313-8255
Jeff Elliott,
425/313-8264