Costco (COST) Declares $10.00 Special Dividend; 2.6% Yield
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Costco Wholesale Corporation Declares Special Cash Dividend of $10 Per Share
November 16, 2020 4:31 PM ESTISSAQUAH, Wash., Nov. 16, 2020 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation (Costco or the Company) (Nasdaq: COST) announced today that its Board of Directors has declared a special cash dividend on Costco common stock of $10 per share, payable December 11, 2020, to shareholders of record as of the close of business on December 2, 2020. The aggregate payment will be approximately $4.4 billion. The special dividend will be funded through existing cash.
Richard Galanti, Executive Vice President and Chief Financial Officer, commented: This special dividend, our fourth in eight years, is our latest step to reward... More
