Bamco NY Buys Costco Stake as Quarterly Dividend Is Paid
Costco’s quarterly dividend was paid to investors of record on July 24, with a $1.47 per-share payout. Analyst signals were mixed: DA Davidson kept a Neutral rating with a $1,000 target while Bernstein retained a Buy rating but lowered its target to $1,144, suggesting limited upside. Bamco Inc. NY also disclosed a new position in Costco during the second quarter.