Jul 14, 2004 12:16 PM, from staff and wire reports

Costco Wholesale Corp’s board of directors has declared a quarterly cash dividend on the firm’s common stock. The dividend of $0.10 per share is payable Aug 27, 2004, to shareholders of record at the close of business July 23, 2004.

Based in Issaquah WA, Costco operates 434 warehouses, including 321 in the United States and Puerto Rico, 63 in Canada, 15 in the United Kingdom, five in Korea, three in Taiwan, four in Japan, and 23 in Mexico. It plans to open another seven new warehouses before Aug 29, 2004, the end of its fiscal year.