Costco Wholesale Corp.
COST,
+1.67%
stated late Wednesday that its board of administrators has licensed a dividend improve to 90 cents a share, from 70 cents a share. The dividend is payable on May 13 to shareholders of report on the shut of enterprise on April 29. Shares of Costco rose 0.3% within the prolonged session Wednesday after ending the common buying and selling day up 1.7%.