Retail News

Costco to distribute $3.1B in special dividend

Bloomberg News/The Seattle Times 04/25/2017

The nation’s biggest warehouse club operator will pay a $7-a-share special dividend to shareholders on May 26. The special dividend comes on top the planned 50 cents-a-share dividend the chain had planned to pay. Costco’s share price increased 3.1 percent in after-market trading on the news.

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