Costco Wholesale (COST) Declares $7.00 Special Dividend; 4.1% Yield

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Deutsche Bank Reiterates Buy Rating and $187 PT on Costco Wholesale (COST) Following Announcement of $7/Sh Special Div. & Quarterly Div. Hike

April 26, 2017 7:28 AM EDT

Deutsche Bank reiterates Buy rating and $187 price target on Costco Wholesale (NASDAQ: COST) following capital return announcements.

Analyst Paul Trussell notes management confirmed a special dividend for shareholders of $7/share, seemingly earlier and larger than expected, while raising the quarterly dividend... More