10 High Growth Forever Dividend Stocks To Invest In

6. Costco Wholesale Corporation (NASDAQ:COST)

5-Year Revenue Growth: 10.77%

Costco Wholesale Corporation (NASDAQ:COST) is an American retail company that operates membership-only big box warehouse club stores. The company experienced strong demand across various categories during the quarter, according to comments made by CFO Gary Millerchip during the company’s Q2 2025 earnings call. He noted that sales of gold and jewelry, gift cards, toys, housewares, appliances, sporting goods, home furnishings, and small electrics all saw double-digit growth.

Costco Wholesale Corporation (NASDAQ:COST) also benefited from continued customer loyalty, driven by its membership-based model. Despite broader economic uncertainty, membership grew 6.8% year-over-year in Q2, while the renewal rate remained exceptionally high at 93% in the US and Canada. Net sales rose by a strong 9.1%, with the bulk of the growth coming from a 6.8% increase in same-store sales, largely fueled by an uptick in customer visits. Notably, the company has seen its revenue growth accelerate for two consecutive quarters. In the past five years, its revenue surged by nearly 11%, which makes it one of the best high growth stocks that pay dividends.

Costco Wholesale Corporation (NASDAQ:COST) ended the quarter with over $12.3 billion available in cash and cash equivalents. The company’s operating cash flow came in at over $6 billion, up from $5.3 billion in the same period last year. This strong cash generation enabled the company to grow its payouts for 10 consecutive years. Currently, it offers a quarterly dividend of $1.16 per share and has a dividend yield of 0.48%, as of April 13.