Investors in or nearing retirement might have to consider income replacement as a key component of their investment decisions. After all, retirees no longer have a regular paycheck from working to rely on.
Costco is a wholesale retailer, operating more than 820 stores worldwide.
Costco charges members a membership fee, providing consistent and predictable cash flow and reducing reliance on product profit margins.
However, the networking giant has attractive dividend attributes. The 2022 bear market has punished the stock price, and it is down ~30% year-to-date lowering the valuation and increasing the dividend yield.