Costco's loyal customer base and bargaining power with suppliers leads to competitive advantage
From Yahoo Finance: 2025-06-26 21:03:00
Costco Wholesale Corporation (NASDAQ:COST) is among the Best Wide Moat Dividend Stocks to Invest in. Costco’s massive membership base of over 130 million highly loyal customers allows the company to operate with lower profit margins than competitors. It also has bargaining power with suppliers and benefits from exclusive Visa payment processing. Additionally, Costco is a strong dividend payer, raising payouts for 21 years in a row.