It looks as if Costco is well-positioned to deal with the future and ward off the Amazon challenge. More importantly, Costco seems well positioned to survive and make money in America in which a large percentage of the population may no longer drive.
That’s good news for investors because Costco is a great income stock. Its investors enjoyed three 50¢ dividends, one 45¢ dividend and one $7 super dividend in 2017, NASDAQ reported. Costco shareholders took home $8.95 in dividend income in 2017.Read more