Costco Hiked Its Dividend by 13%. Here Is What a $10,000 Investment Earns Annually.

Key Points Costco has grown into a massive retailer. Its dividend yield looks puny, but that dividend has been growing robustly. Still, the stock isn't exactly cheap. 10 stocks we like better than Costco Wholesale › If you plunk $10,000 into shares of Costco Wholesale (NASDAQ: COST) , how much passive dividend income will that generate? A cursory look at Costco would suggest its recent dividend yield of 0.65% is puny, generating just about $65 in annual income from your $10,000. (With a recent stock price of $902, you'd be buying about 11 shares.) Don't let that be a dealbreaker, though, because there's more than meets the eye here, and Costco is definitely a dividend income generator worth your consideration. Missed Nvidia in 2009?