Costco’s regular dividend yields 0.6%, and it sometimes adds special payouts; Walmart yields 0.9% and has raised its dividend for 53 years straight. The article’s author says he would rather own Walmart for its more consistent payout.
Costco’s special dividends are not on a fixed schedule; management decides whether and when to pay them. Its latest was $15 per share in 2024, after a $10 special dividend in 2020.
The article cites a 3.4% rise in consumer prices in August as a backdrop to investor interest in income-generating assets. Walmart shares were down around 3% so far in 2026, according to the piece.
