Contact Information: CONTACTS: Costco Wholesale Corporation Richard Galanti, 425/313-8203 Bob Nelson, 425/313-8255 Jeff Elliott, 425/313-8264
Costco Wholesale Corporation Announces a Quarterly Cash Dividend
| Source: Costco Wholesale Corporation
ISSAQUAH, WA--(Marketwire - October 8, 2009) - 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.