United Bank Adds Stake in Costco Shares as Quarterly Dividend Paid
United Bank bought a new stake in Costco Wholesale shares in the second quarter, as disclosed in a recent SEC filing, while other institutions also adjusted holdings. Bank of America increased its stake and reiterated a buy view, and Costco announced and paid a $1.47 quarterly dividend to shareholders of record on July 24. Costco’s market cap was reported at $418.60 billion.