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Costco's Special Dividend: When's the Next Surprise?

Published 1 week, 2 days ago
Description

Costcos history of special dividends, with amounts ranging from $5 to $15 per share, has investors eagerly anticipating another payout. Despite the companys cash pile reaching pre-dividend levels, shares are now trading at a higher price, making a similar payout yield less likely. However, Costcos new CFO, Gary Millerchip, left the door open for a special dividend, subject to board review. Analysts like Oppenheimer expect more special dividends in the future, citing Costcos strong warehouse expansion and member perks as reasons for cash flow.

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