economy

Costco Falls After Earnings, But Shareholders Could Get a Special Boost Soon

Some on Wall Street believe the leading warehouse club could soon issue a special dividend.

Costco Falls After Earnings, But Shareholders Could Get a Special Boost Soon

TL;DR

  • Costco's stock declined despite revenue topping expectations and earnings per share matching estimates.
  • Analysts anticipate a special dividend, which could boost the stock price.
  • The company has a history of issuing special dividends every 2-3 years.
  • The last special dividend was $15 per share in January 2024.
  • The regular quarterly dividend currently yields 0.59%, while the stock is up 15% year to date.

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