Why Costco Could Pay a Special Dividend Soon
Costco's (NASDAQ: COST) business is admirable in many ways. With low-pricing leadership, loyal customers, a membership model, and a significant international growth opportunity, there's a lot to like about the wholesale retailer. But one part of the company's business that arguably deserves more praise than it gets is its attractiveness as a dividend stock. This is evident not only by the company's long history of raising its dividend annually but also through the occasional special dividends it pays investors and its war chest of cash to support its dividend payments.
To better understand Costco's appeal to dividend investors, let's examine the special dividend. In addition, let's explore if and when another special dividend could be paid to shareholders.
As it turns out, a special dividend may be on the horizon -- and it may be a big one.
Source Fool.com
