Costco 2003 Annual Report Download - page 47

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MARKET FOR COSTCO COMMON STOCK
Costco Common Stock is quoted on The Nasdaq Stock Market’s National Market under the symbol
“COST.”
The following table sets forth the closing high and low sales prices of Costco Common Stock for the period
January 1, 2001 through November 30, 2003. The quotations are as reported in published financial sources.
Costco Common
Stock
High Low
Calendar Quarters—2001
First Quarter ............................................. $46.250 $36.500
Second Quarter ........................................... 43.620 34.063
Third Quarter ............................................. 44.500 31.220
Fourth Quarter ............................................ 45.190 33.540
Calendar Quarters—2002
First Quarter ............................................. 46.320 38.920
Second Quarter ........................................... 43.000 37.590
Third Quarter ............................................. 39.300 31.850
Fourth Quarter ............................................ 36.210 27.240
Calendar Quarters—2003
First Quarter ............................................. 31.230 28.080
Second Quarter ........................................... 37.430 30.410
Third Quarter ............................................. 37.150 28.890
Fourth Quarter (through November 30, 2003) ................... 35.820 31.940
On November 30, 2003 the Company had 7,807 stockholders of record.
DIVIDEND POLICY
Costco has never paid regular dividends and presently has no plans to declare a cash dividend. Under its two
revolving credit agreements, Costco is generally permitted to pay dividends in any fiscal year up to an amount
equal to 50% of its consolidated net income for that fiscal year.
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