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Sign InCostco Wholesale Corp has officially declared a 13% increase in its quarterly cash dividend, signaling robust financial health. According to a filing with the Securities and Exchange Commission (SEC), the payout will rise from $1.30 to $1.47 per share. This hike underscores the company's commitment to returning value to shareholders, supported by steady global warehouse sales performance. Analysts view the double-digit increase as a strong vote of confidence from management regarding future cash flows and balance sheet strength. Such corporate actions typically attract income-focused investors and bolster the stock's appeal within the retail sector. The move highlights Costco's resilience and ability to maintain growth momentum in a competitive market environment.