Costco's Trading Volume Surges 39.58% to 24.49 Billion, Ranks 18th in Market Activity

On April 16, 2025, Costco's trading volume reached 24.49 billion, marking a 39.58% increase from the previous day, ranking 18th in the day's stock market activity. However, the stock price of Costco (COST) fell by 0.94%, marking the second consecutive day of decline, with a total decrease of 1.18% over the past two days.

Costco Wholesale Corporation has announced an increase in its quarterly cash dividend. The dividend per share will rise from $1.16 to $1.30, effective from May 16, 2025. This increase reflects the company's commitment to returning value to its shareholders and is expected to have a positive impact on investor sentiment.

This dividend increase is part of Costco's ongoing strategy to enhance shareholder value. The new dividend rate represents an annualized payout of $5.20 per share, demonstrating the company's financial strength and confidence in its future prospects. This move is likely to attract more investors and stabilize the stock price in the coming days.