Dow Jones Newswires: Costco board increases quarterly dividend to 90 cents a share

Costco Wholesale Corp.
COST,
+1.67%
said Wednesday that its board declared a quarterly cash dividend on its common stock and approved a quarterly increase to 90 cents per share from 79 cents.

The dividend is payable on May 13 to shareholders of record at the close of business on April 29.

Write to Denny Jacob at denny.jacob@wsj.com