Costco Wholesale Announces $30.00 Per Share Special Dividend
Costco Wholesale Corporation (COST) has announced a special cash dividend of $30.00 per share. This marks the company's first special dividend in nearly three years, signaling strong liquidity and capital return capabilities to its shareholders. The dividend is scheduled to be paid on December 4, with the ex-dividend date set for November 24. Shareholders must be recorded as of November 24 to qualify for the payout. The announcement has provided a positive catalyst for the stock price amidst broader discussions regarding retail competition and valuation.
Topics: Dividend Announcement Shareholder Returns Special Dividend