History Says This Is the Amount of Yearly Dividend Income a $10,000 Investment in Costco Stock Could Generate by 2031 (Without Even Considering Special Dividends)
The warehouse club giant's share price has more than doubled in five years, with quarterly payouts adding a small sum to the returns.
Overview
Costco Wholesale (NASDAQ: COST) has been a winning stock for investors mainly due to capital appreciation. In the past five years, the share price has soared 110% (as of Oct. 8). The market certainly appreciates the company's steady performance, regardless of macro or industry conditions.
Investors should also pay attention to the passive income stream. The dividend yield of 0.62% isn't exciting on its own. But history says that a $10,000 investment in this retail stock could generate this much income by 2031.
Image source: The Motley Fool.
Details
Source
Originally published at www.fool.com.
Related Articles
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.