Warehouse operator Costco Wholesale Corp on Wednesday raised its quarterly dividend by about 8%, joining a small but growing list of companies to do so at a time when most of corporate America is suspending shareholders returns in order to shore up liquidity as the coronavirus crisis deepens.
Demand for consumer and healthcare products, groceries and other essential items has risen dramatically as people stockpile to tide over the lockdowns imposed to curb the COVID-19 padnemic, caused by the new coronavirus.
Company Name RIC New Old % Date of Market Cap LinkProcter & Gamble Co $0.7907 $0.7459 6.01% April 14 $299.35First Republic Bank $0.20 $0.19 5.26% April 14 $16.19H.B. Fuller Co <FUL.N $0.1625 $0.16 1.56% April 02 $1.53* Market cap according to Refinitiv Eikon data as of trading close on April 15
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