Costco, P&G, J&J among few to hike dividend during coronavirus crisis

Warehouse operator Costco Wholesale Corp on Wednesday raised its quarterly dividend by about 8%, joining a small but growing list of companies to do so at a time when most of corporate America is suspending shareholders returns in order to shore up liquidity as the coronavirus crisis deepens. Healthcare conglomerate Johnson & Johnson and consumer goods company Procter & Gamble also raised their quarterly dividends by about 6% each on Tuesday. Demand for consumer