The company will pay a special dividend of USD 10 per share on December 11. Dividend yield excluding special dividend: 0.72 percent Dividend yield of special dividend: 2.5 percent You can also view the Plan brochure and enroll online at. Costco declares special cash dividend, $10 per share. This 2021 dividend increase marks 17 straight years of dividend increases by Costco. Costco's $10-per-share special payout in 2020 dwarfed its regular $2.40-per-share annual commitment. The company last declared a special dividend in 2017, in that case $7 a share. The big-box store company previously increased the dividend by … In total, Costco offered a $2.80 Last Twelve Months (LTM) dividend and a 0.79% dividend yield on 6 April 2021. We use cookies to improve our service, perform analytics, personalize advertising and remember website preferences. Barclays moves to an Overweight rating on Costco (NASDAQ: COST) after having it slotted … Costco Wholesale Corporation (COST) will pay a special … Twitter Facebook LinkedIn Email. paid since; Membership Warehouses: 0.8% : 17: 11.9%: Quarter: 2004: Costco Wholesale pays special dividend Monday 16 November 2020. Costco Wholesale is offering a Direct Stock Purchase Plan (the "Plan") sponsored and administered by our stock transfer agent, Computershare. Costco Wholesale Corporation (COST) will hike its quarterly dividend by 12.9 percent to 79 cents per share in 2021. Last year the membership warehouse giant also paid a special cash dividend of $10.00 per share and raised its quarterly dividend by 7.7 percent to $0.70 per share. Costco gains after Barclays points to upside for 2021. Costco Wholesale Corporation (COST) will hike its quarterly dividend by 12.9 percent to 79 cents per share in 2021. Costco Q2 FY 2021 presentation I used a similar image to the one above in my 2018 article; since then, the number of households with Costco memberships has increased 18.5%, the total cardholders figure has gone up 17.5%, renewal percentage has ticked up a point from 90%, and the cash brought in by fees has grown 19.4%. Costco also operates e-commerce sites in the U.S., Canada, the United Kingdom, Mexico, Korea, and Taiwan. Total "We've done special dividends in the past. In October 1993, Costco merged with The Price Company, which had pioneered the membership warehouse concept in 1976, to form Price/Costco, inc., a Delaware corporation. Costco Wholesale Corporation began operations in 1983 in Seattle, Washington. Costco paid a 70₵ quarterly dividend on 19 February 2021. Common-stock … Talk of a special dividend on Wall Street from Costco has finally died down in large part because of its potential $10 billion price tag, says Guggenheim Securities analyst John Heinbockel. The dividend is payable on May 14, 2021, to shareholders on record as of April 30, 2021. With $5 to $10 special payments being made in 2012, 2015, 2017, and 2020. All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Benedict sees Costco paying a special dividend of around $10 a share. But that prediction could turn out to be too low. Dividendhike will not be liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. (Source: “Costco Wholesale Corporation Declares Special Cash Dividend of $10 Per Share,” Costco Wholesale Corporation, November 16, 2020.) Plan participants can reinvest all or part of their Costco cash dividends to purchase additional shares (Dividend Reinvestment Plan). In addition, Costco paid a $10 special dividend on 11 December 2020. Costco Wholesale Corporation Reports November Sales Results and Announces Plans for a Special Cash Dividend of $7.00 per Share It’s called special dividend because it is in addition to the regular dividend that Costco pays every quarter. And while it's possible that the chain will surprise investors again in 2021… The average dividend growth rate based on the last five years is 11.9 percent (annually) for Costco Wholesale. Costco last offered a $3.1 billion special cash dividend, or $7 per share, in 2017. COST stock has risen 22.4% since bottoming at $310.92 on March 8. The move comes as the retailer has … The share price is now at $381.25. Also, this is not regularly scheduled so we shareholders can’t always predict it very well. Displayed data on this website is delayed and will not always be updated on a daily basis. A $15 purchase fee will be deducted from your initial purchase. Costco (NASDAQ: COST) va utiliser un dividende spécial pour obtenir 3 $. Membership-only supermarket chain Costco Wholesale Corp on Monday declared a special dividend of $10 per share as it benefits from consumers stocking up essentials due to the COVID-19 pandemic,... | May 10, 2021 does not maintain or provide information directly to this service. The dividend will be paid on December 11 to shareholders of record as of December 2. If you continue to use this site, you consent to our use of cookies. The next dividend is payable May 14, 2021, to shareholders of record at the close of business on April 30, 2021. The stock did well in 2020 on the strength of its business model, expanding delivery, and a special dividend. In 2017, Costco paid a a special dividend of $7 a share. Costco currently operates … dividends per year is based on the dividend ex-date. One stock I want to highlight is Costco Wholesale (COST), the warehouse retailer, that seemingly everyone loves. Costco’s phenomenal financial performance and higher cash balance led to the speculation that it could announce a special dividend. Just five months after Costco Wholesale (NASDAQ: COST) gave shareholders a generous special dividend of $10 per share, the company announced today it is now raising its base dividend by 12.9%. … Based on the amount of cash Costco has on hand, I wouldn’t be surprised to see the company issue a special dividend between $15.00 and $20.00 per share. The historical dividend information provided is for informational purposes The historical dividend The company’s board of directors raised the dividend by 12.9% to 79 cents a share, which is payable on May 14, 2021 to shareholders of record at the close of business on … The company raised its quarterly dividend by 12.9% to $0.79 per share, with represents a 0.86% forward yield. Costco Wholesale As of May 7, 2021: ticker dps (an.) Costco (COST) Raises Quarterly Dividend 12.9% to $0.79; 0.9% Yield Costco (COST) Declares $0.70 Quarterly Dividend; 0.8% Yield Costco (COST) Declares $10.00 Special Dividend… Costco Wholesale Corp. (NASDAQ: COST) shares made a handy gain on Tuesday after the board of directors declared a special dividend for the common stock. Costco said late yesterday the special dividend aggregate payment will be about $4.4 billion and be funded through existing cash. Citing Costco’s strong balance sheet, “defensive characteristics” and history of dividend growth, CFRA values COST at about $356. The company has operations in the United States and Puerto Rico, Canada, Mexico, the United Kingdom, Japan, Korea, Taiwan, Australia, Spain, and Iceland and France. Want to keep track of all dividend increases? The new $0.79 quarterly dividend is an increase from the previous $0.70, and represents an annual yield just shy of 1% at today’s share price of about $368. If this new dividend hike is included Costco's estimated regular annual dividend payment to shareholders jumps from $1.24 billion to $1.4 billion. Subscribe to Dividend.com and have complete access to our exclusive dividend increases list here. Costco Wholesale Corporation raised its quarterly cash dividend by 12.9% to $0.79 per share. (Source: Barron’s, op cit.) For more information on how we use cookies and how you can control them click "Settings" or visit our Cookie policy, UNP - Union Pacific hikes dividend by 10.3%, MCHP - Microchip Technology hikes dividend by 5.9%, CAH - Cardinal Health hikes dividend by 1%, EXPD - Expeditors International hikes dividend by 11.5%, LEG - Leggett & Platt hikes dividend by 5%, COG - Cabot Oil & Gas hikes dividend by 10%, Look at the complete list of upcoming events. Costco just announced a special dividend of $10 per share, payable in December. 21 Jan 2021 (Thu) 14 Apr 2021 (Wed) Ex-div date: 04 Feb 2021 (Thu) 29 Apr … Specifically, the board of … 2021 hike 2020 hike 2019 hike; COST: $3.16: 12.9%: 7.7%: 14.0%: Business yield Hike yrs 5 yr CAGR freq. 00:39 . Costco Wholesale Corporation operates membership warehouses, offering its members low prices on a limited selection of nationally branded and private-label products. Total dividends in 2021: 1.49 : 12/02/20: 11/16/20: 12/11/20: 10.00 : Special … only, and is not intended for trading purposes. To put that payment in perspective, Costco’s quarterly dividend rate stands at $0.70 per share at the moment. 2 views. alengo / E+ via Getty Images Costco Wholesale Corp. (NASDAQ: COST) shares made a handy gain on Tuesday after the board of directors declared a special dividend … © 1998 — 2021 | Costco Wholesale Corporation | All rights reserved, **For additional information on The Price Club and Costco Wholesale merger of 1993, please go to the. You can buy your initial shares through the Plan with a minimum initial purchase of $250 or a pledge to electronically deposit a minimum of $25 per month for at least ten months. 1 milliard aux investisseurs. By accessing this website, you agree not to redistribute the information found therein in any form without written consent. Sara Eisen joins 'Closing Bell' to report Costco has declared a special cash dividend of $10 per share. The new annual dividend rate of $3.16 for Costco yields 0.9% at a stock price of $363. Le conseil d'administration du club-entrepôt a décidé de verser le dividende en espèces unique de 7 $ par action le 26 mai aux actionnaires inscrits à la fermeture des bureaux le 10 mai, a indiqué la compagnie dans un communiqué de presse. Dividend.com estimates Costco’s dividend has grown for the last 16 years. information is provided by Mergent, a third party service, and Intrado Digital Media, LLC *Quarters roughly correspond to the calendar year 2000 (Target's latest quarter ended Feb. 1, 2021, and Costco's latest quarter ended Feb. 14, 2021). While management never guarantees it will pay a special dividend, the payday for investors has been an almost normal occurrence. For complete information and enrollment form, please contact the Plan Administrator at 1-800-249-8982. That would equate to a dividend yield of around three percent. Data source: Costco and Target quarterly reports. With so many special payments paid since 2012 — it’s safe to bet that Costco’s sub-1% dividend does not do the company justice when it comes to dividend payout. One thing about this year’s market is what worked in 2020 may not be working in 2021. The quarterly dividend is payable February 19, 2021, to shareholders of record at the close of business on February 5, 2021. Last year the membership warehouse giant also paid a special cash dividend of $10.00 per share and raised its quarterly dividend by 7.7 percent to $0.70 per share. This is their fourth special dividend payment to the shareholders in last eight years. And analysts are quite bullish on the company’s near-term and long-term prospects. (Reuters) - Membership-only supermarket chain Costco Wholesale Corp (O:COST) on Monday declared a special dividend of $10 per share as it benefits from consumers stocking up essentials due to the COVID-19 pandemic, sending its shares up about 2% after the bell. 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