Summary
Costco Wholesale Corporation (COST) filed an 8-K on October 8, 2009, to report an event that occurred on October 7, 2009. The most significant information for investors in this filing is the declaration of a quarterly cash dividend. The Board of Directors approved a dividend of $0.18 per share on Costco's common stock. This dividend is scheduled to be paid on November 6, 2009, to shareholders who are on record as of the close of business on October 23, 2009. This action signals continued confidence in the company's financial health and its commitment to returning value to shareholders, a key consideration for income-focused investors.
Key Highlights
- 1Costco declared a quarterly cash dividend on its common stock.
- 2The dividend amount is $0.18 per share.
- 3The dividend was declared by the Board of Directors on October 8, 2009.
- 4The payment date for the dividend is November 6, 2009.
- 5Shareholders of record as of October 23, 2009, will receive the dividend.
- 6The filing includes a press release dated October 8, 2009, as an exhibit.
Frequently Asked Questions
The primary purpose of this 8-K filing is to announce the declaration of a quarterly cash dividend by Costco Wholesale Corporation's Board of Directors.
The quarterly dividend declared is $0.18 per share of common stock.
The dividend payment date is November 6, 2009.
Shareholders who are recorded on the company's books as of the close of business on October 23, 2009, are eligible to receive this dividend.