What do you think of Costco's Special Dividend?
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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