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It's Dividend Disbursement Time For Costco Stakeholders
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Costco Wholesale Corporation /zigman2/quotes/201191698/composite COST -0.05% is driving forward to its all-time high of $339.82 and is presently trading at $339.79. The company recently announced its quarterly cash dividend of $0.70 per share.
The dividend is to be paid on August 14, 2020.
Additionally, the company has partnered with Instacart to start same-day delivery across Canada. The company had earlier started off with a pilot project in Ontario warehouses. Following the success, Costco kicked off same-day delivery in other Canadian locations as well.
Danaher Corporation reports strong second quarter financial results
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Danaher Corporation /zigman2/quotes/210555154/composite DHR +0.02% surged to its record high of $207.03. Recently, the company also announced its financial results for the second quarter that ended in July, 2020.
Danaher's Q2-20 net earnings came in at $927.3 million, or $1.24 per diluted common share. This reflects 38.0% YoY increase from the same time period in the previous year. The company reported $1.44 Non-GAAP adjusted diluted net earnings per common share, demonstrating 32.0% increase from year-ago.
DHR's revenues too surged. The company perked up a growth of 19% in revenues on YoY basis. The revenues totaled to $5.3 billion. Company's operating cash flow came in at $1.4 billion for the second quarter. It indicates a 37% rise on YoY basis.
NextEra Energy Inc. becomes the torch-bearer of solar and wind power energy shift
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