There's Still Time for Investors to Take Advantage of These 2 Dividend Raises From Top Retail Stocks
What could be better than a big sale at your favorite retail store? That's right -- a meaty dividend raise from one of your favorite retail stocks. In recent weeks, not one but two powerful companies in the sector upped their quarterly payouts: Costco Wholesale (NASDAQ: COST) and TJX Companies (NYSE: TJX). What's more, both lifted their dividends by double-digit percentages.Here's what this could all mean for investors.Several days after reporting its fiscal 2025 second-quarter results, Costco pulled the lever on its typical, once-per-year regular dividend raise. It lifted its quarterly disbursement by 12% to $1.30 per share, amounting to an annual figure of $5.20. Continue reading
What could be better than a big sale at your favorite retail store? That's right -- a meaty dividend raise from one of your favorite retail stocks. In recent weeks, not one but two powerful companies in the sector upped their quarterly payouts: Costco Wholesale (NASDAQ: COST) and TJX Companies (NYSE: TJX). What's more, both lifted their dividends by double-digit percentages.
Here's what this could all mean for investors.
Several days after reporting its fiscal 2025 second-quarter results, Costco pulled the lever on its typical, once-per-year regular dividend raise. It lifted its quarterly disbursement by 12% to $1.30 per share, amounting to an annual figure of $5.20.
