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Costco Wholesale Corporation Announces An Increase IN ITS QUARTERLY CASH DIVIDEND

The following excerpt is from the company's SEC filing.

ISSAQUAH, Wash., April 14, 2016 Costco Wholesale Corporation (Costco or the Company) (Nasdaq: COST) today announced that its Board of Directors has declared a quarterly cash dividend on Costco common stock and approved a quarterly increase from $.40 to $.45 per share, or $1.80 per share on an annualized basis. The dividend is payable May 13, 2016, to shareholders of record at the close of business on April 29, 2016.

Costco currently operates 703 warehouses, including 492 in the United States and Puerto Rico, 90 in Canada, 36 in Mexico, 27 in the United Kingdom, 24 in Japan, 12 in Korea, 12 in Taiwan, eight in Australia and two in Spain. Costco also operates electronic commerce web sites in the U.S., Canada, the United Kingdom, Mexico, Korea and Taiwan.

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