Costco May Declare Special Dividend This Fall

Corporate Action
โดย The Motley Fool·US·Read original
Summary · why it matters

Costco Wholesale could declare a special one-time dividend later this year, given its growing cash pile and a three-year gap since its last such payout. The warehouse club operator has historically issued special dividends every two to three years, with the most recent being $15 per share on December 27, 2023. Its cash and short-term investments have risen from $15 billion to $20 billion since that payout, while long-term debt remains around $5.7 billion. If Costco follows its pattern of increasing special dividends by at least 40%, the next payout could be $21 per share, yielding about 2.2% on top of the regular 0.6% dividend yield.

Impact on stocks 2

Consumer Staples · 1 stocks
Costco Wholesale Corp
COST
▲ PositiveCapitalrelevance

Potential special dividend of $21 per share announced, boosting shareholder returns.

Artificial Intelligence · 1 stocks