ISSAQUAH, WA, Oct 08, 2009 (MARKETWIRE via COMTEX) -- Costco Wholesale Corporation (NASDAQ: COST) today announced that its
Board of Directors has declared a quarterly cash dividend on Costco
Wholesale common stock. The dividend of $.18 per share is payable
November 6, 2009, to shareholders of record at the close of business
on October 23, 2009.
Costco currently operates 560 warehouses, including 407 in the United
States and Puerto Rico, 77 in Canada, 21 in the United Kingdom, seven
in Korea, six in Taiwan, nine in Japan, 32 in Mexico and one in
Australia. 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 six to seven new warehouses
(including the relocation of one to two warehouses to larger and
better-located facilities), prior to the end of calendar 2009.
Certain statements contained in this document constitute
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. For these purposes,
forward-looking statements are statements that address activities,
events, conditions or developments that the Company expects or
anticipates may occur in the future. Such forward-looking statements
involve risks and uncertainties that may cause actual events, results
or performance to differ materially from those indicated by such
statements. These risks and uncertainties include, but are not
limited to, domestic and international economic conditions, including
exchange rates, the effects of competition and regulation,
uncertainties in the financial markets, consumer and small business
spending patterns and debt levels, conditions affecting the
acquisition, development, ownership or use of real estate, actions of
vendors, rising costs associated with employees (including health
care costs), geopolitical conditions and other risks identified from
time to time in the Company's public statements and reports filed
with the Securities and Exchange Commission.
CONTACTS:
Costco Wholesale Corporation
Richard Galanti, 425/313-8203
Bob Nelson, 425/313-8255
Jeff Elliott, 425/313-8264
SOURCE: Costco