Is Costco Still a Great Dividend Stock?
Every investor should own shares of companies that pay and raise dividends. Over years and decades, those dividends can make significant contributions to the income stream one will be counting on in retirement.
Of course, the ultimate stock investment is one where capital appreciation beats the overall market, while also sharing its success by returning capital to shareholders in the form of dividends. Warehouse retailer Costco Wholesale (NASDAQ: COST) has been one of those stocks over the last decade.
But with its dividend recently yielding just 0.7%, it's fair to ask if Costco is still a great dividend stock. There are several reasons why it is.
Source Fool.com
