COST which is the shorthand symbol for identifying Costco Stocks is well known to break new highs although they have their bad days. If you look up the Costco stock history, you will see that they always have a positive annual percent change since the year 2003 and only had some lows in 2016 and 2018. COST has been die-hard on always breaking new highs.
Due to its large variety of stuff it sells and a great customer base, Costco stocks has always been a great lookout for most investors. If you go looking for top stock picks, the Costco stocks are not left out as it always found to make it to the top. Despite the adverse effect of the Covid-19 pandemic on most businesses in the year 2020 crumbling lots of businesses, COST still made a 28.19% annual increase change.
Costco Stocks History
It is quite interesting talking about the Costco stock history as it full of positive results. Costco warehouses are being known to be one of the largest places storing a great variety of items that are so exclusive. The company which has over 100 million members still has a record membership renewal rate of 90.7% show its great momentum in its business growth.
Costco Stocks price today has a great turnout closing at 382.76 after a previous close at 372.50 with a profit of 2.76% within a day. Moreover, the Costco Stocks at present is setting to breaking new highs for the year with a 52-week high of 393.15 and a 52-week low of 293.84 and which is currently trading at 382.76. Going through their annual historical stock price data containing the yearly average stock price, they’ve been on a constant increase. No wonder it’s highly recommended by investors.
Finalizing on Costco stock by numbers and ratings shows its self-worth of being the first-ever company to boost its revenue from zero to an amount at 3 billion dollars within a range of 6 years. What an incredible outcome. According to analysts, it is said for over 10 years, Costco Stocks has to be able to deliver about 10% Earnings Before Interest and Taxes and about 6% comps on average.
Costco Stocks Dividends
Costco wholesale has recurrently paid relatively a great size of dividends of which the last so far was in December at $10 per share prior to the $7 per share in 2017. This is actually a huge reward to shareholders. Since the year 2004, Costco has constantly increased its dividends and as result shares a part of its earnings to its shareholders.
Due to some drawdowns, there were negative talks about the Costco Stocks but after some long earnings, they’ve all switch sides. However, this would be stable as they keep on not slacking on their constant increase in their stocks. Costco Stocks is one major investment that you can hang your hat on and gladly boast of the great cash you have made in partnership with them over the years.