3 Things to Know About Costco's $15 Dividend Payment
Investors suspected that a special dividend was coming soon, but Costco Wholesale (NASDAQ: COST) has now confirmed the timing of that windfall. A $15-per-share cash payout will land in shareholders' accounts on Jan. 12, assuming they own the stock as of Dec. 28.
The retailer's management team prefers these large, one-time payouts over the more predictable dividend growth favored by rivals like . That's one more way that Costco stands out in the retailing niche.
Here are three other key things to know about Costco's $15 payout.
Source Fool.com
Walmart Inc. Stock
€66.70
7.100%
The stock is an absolute favorite of our community with 79 Buy predictions and no Sell predictions.
With a target price of 72 € there is a slightly positive potential of 7.95% for Walmart Inc. compared to the current price of 66.7 €.
