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via benzinga.comBusiness & Companies

Costco announces $30 per share special dividend

FROM THE WIRE · BENZINGA.COM

Costco Wholesale Corp. (NASDAQ:COST) announced plans on Tuesday to return roughly $13.3 billion to shareholders through a special cash dividend of $30 per share.

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishA special distribution of about $13.3 billion is significant for a large-cap stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Costco plans to return roughly $13.3 billion to shareholders.
  2. 02The special cash dividend is $30 per share.
  3. 03The announcement was made on Tuesday.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Costco Wholesale CorporationCOSTStock1,066.14 USDMarket closedtoday 0.00%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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