Costco Declares $10 Special Cash Dividend

Costco (NASDAQ: COST) has announced today it is rewarding investors with a special dividend worth $10 per share. The payment will be the fourth time in the last eight years that the company has paid a special dividend. 

Costco previously announced its regular quarterly cash dividend of $0.70 per share on Oct. 14. The special $10 dividend represents a 2.6% return on Monday's closing share price of $379.79. 

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Source Fool.com