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[Company] Costco Korea to Headquarters US 150 Billion Dividends This Year..."Total net income of 67%".

2024.11.19 PM 03:45
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Costco has set aside 150 billion won in dividends from its U.S. headquarters this year, more than half of its net profit in South Korea, as warehouse-type discount stores have performed well in the aftermath of high prices.

According to the Financial Supervisory Service's electronic disclosure system, Costco Korea's estimated dividend is KRW 150 billion, or 67% of the net profit of KRW 220 billion.

Costco Korea, which operates 19 stores in Korea, is 100% owned by Costco Wholesale International in the United States, so all dividends go to the U.S. headquarters.


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