Costco Announces $30-Per-Share Special Dividend
Costco announced a special dividend of $30 per share, totaling about $13.3 billion. Its shares gained overnight.
Shares of Costco Wholesale Corp. (COST) gained overnight after the retailer announced a record $30-per-share special dividend, totaling about $13.3 billion. The announcement sparked bullish retail sentiment, with investors celebrating the massive payout and calling it an early Christmas gift for sh…