Is Costco Ready to Issue a Special Dividend?
Costco Wholesale (NASDAQ: COST) is building up its cash as it continues to post higher sales than before the pandemic and manages to keep costs low enough to increase net income. It's a winning strategy that makes it a cash machine, and it shares its cash with shareholders in the form of dividends and share-repurchase programs.
In addition to its regular dividend, which is unexceptional, Costco issues a "special" dividend when the cash box is overflowing. That dividend is quite exceptional, and one might be coming your way if you own shares or if you buy shares in time.
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Source Fool.com
