Costco (COST) increased their dividend today. The increase was 14% - sweet!
While COST has a low current dividend yield, it sure has been "moving on up" for the last several years. Even better are the special dividends they provide.
Anyone who has studied financial history knows that no one can predict interest rates with any consistency. There are always reasons why rates could go up and why rates could go down. Whatever direction someone thinks they will go, they speak about the evidence that supports that viewpoint.
