Dividends

The Company’s current quarterly dividend rate is $0.57 per share, compared to $0.50 per share in the third quarter of 2017. On April 24, 2018, the Board of Directors declared a quarterly cash dividend in the amount of $0.57 per share, which was paid on May 25, 2018.

Stock Repurchase Programs

Stock repurchase activity during the third quarter and first thirty-six weeks of 2018 and 2017 is summarized below:



	Shares Repurchased (000's)	Average Price per Share		Total Cost
Third quarter of 2018	290	$	189.66	$	55
First thirty-six weeks of 2018	1,337	$	174.30	$	233

Third quarter of 2017	266	$	168.09	$	45
First thirty-six of 2017	1,486	$	156.51	$	233

These amounts may differ from the stock repurchase balances in the accompanying condensed consolidated statements of cash flows due to changes in unsettled stock repurchases at the end of a quarter. The remaining amount available for stock repurchases under our approved plan, which expires in April 2019, was $2,516 at May 13, 2018. Purchases are made from time-to-time, as conditions warrant, in the open market or in block purchases and pursuant to plans under SEC Rule 10b5-1.

Components of Equity and Comprehensive Income

The following tables show the changes in equity attributable to Costco and the noncontrolling interests of consolidated subsidiaries:



	Attributable to Costco			Noncontrolling Interests			Total Equity
Equity at September 3, 2017	$	10,778		$	301		$	11,079
Comprehensive income:
Net income	2,091			35			2,126
Foreign-currency translation adjustment and other, net	(24		)	2			(22		)
Comprehensive income	2,067			37			2,104
Stock-based compensation	434			0			434
Release of vested restricted stock units (RSUs), including tax effects	(217		)	0			(217		)
Repurchases of common stock	(233		)	0			(233		)
Cash dividends declared and other	(686		)	(34		)	(720		)
Equity at May 13, 2018	$	12,143		$	304		$	12,447



	Attributable to Costco			Noncontrolling Interests		Total Equity
Equity at August 28, 2016	$	12,079		$	253	$	12,332
Comprehensive income:
Net income	1,760			22		1,782
Foreign-currency translation adjustment and other, net	(222		)	12		(210		)
Comprehensive income	1,538			34		1,572
Stock-based compensation	404			0		404
Release of vested RSUs, including tax effects	(165		)	0		(165		)
Repurchases of common stock	(233		)	0		(233		)
Cash dividends declared and other	(3,725		)	0		(3,725		)
Equity at May 7, 2017	$	9,898		$	287	$	10,185