Is Costco Due for a Stock Split in 2024?
From Nasdaq:
A stock splitting its shares is usually a good sign for investors, making the stock more affordable and attractive. With Costco’s stock price around $700, the company could choose to split its shares, but price alone doesn’t dictate need for a split. The last time Costco split its stocks was in 2000 with a 2-for-1 split. Costco’s prominent financials reveal growth and impressive customer loyalty, making its stock a solid, albeit expensive, investment. Historically, Costco has been reluctant to a stock split in 2022 and is likely to do the same this year. The likelihood of Costco doing a stock split in 2024 is low.
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