Costco to pay $2.2B dividend

Costco to pay $2.2B dividend

Costco Wholesale Corp. on Friday said that its board of directors has declared a special dividend of $5 per share payable on Feb. 27. The aggregate payment of approximately $2.2 billion will be in addition to Costco’s regular quarterly cash dividend of .355 per share.

The special dividend will be funded through existing cash and additional borrowings.

"Today's announcement of a $5 special dividend

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