Money and Finance
What do you think of Costco's Special Dividend?
Earlier this week Costco (COST) announced a $7 special dividend payable to shareholders in December. The idea behind it is to give shareholders an extra bonus prior to the potential dividend tax hike. Several other companies have announced special dividends but Costco's will cost just over $3 billion. Costco is a solidly run company that continues to grow. I've never been to a Costco because where I live Sam's Club dominates the bulk shopping arena.
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Retiring Ceo Of Costco Takes A Look Back On His Legacy
Found via the Corner of Berkshire & Fairfax. On New Year's Eve, Costco Wholesale co-founder Jim Sinegal will step down as CEO. He will hand off the job he loves and his open-walled office to Craig Jelinek, a veteran Costco executive whom Sinegal...
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Emerson Electric Increases Dividend
Emerson Electric released their earnings for the 3rd quarter 2012 that beat analyst estimates by $0.06. They also announced a increase in their quarterly dividend from $0.40 to $0.41. Unfortunately the $0.01 increase in the dividend is only a 2.50%...
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Dividend Increase - Phillips 66
I'm a little late to the party on this one but I figured it was worth posting in case anyone else missed it like me. On October 3rd the board of directors for Phillips 66 (PSX) announced a $0.05 increase in their quarterly dividend from $0.20 to...
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Phillips 66 (psx) Dividend Announced
Phillips 66 (PSX), the spinoff from ConocoPhillips, announced it would be paying it's first ever dividend on September 4 to shareholders of record on July 23. The quarterly dividend will be $0.20 per share which is right where they had said it would...
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Recent Dividend Increases
Dividend investors would be wise to focus not just on a stock's current yield, but also on the long-term growth potential of its dividends. That's because strong businesses that consistently raise their dividend payouts reward shareholders with...
Money and Finance