Summary
Costco Wholesale Corporation (COST) filed an 8-K report on July 23, 2012, to announce a routine corporate action. The primary information for investors in this filing concerns the declaration of a quarterly cash dividend on the company's common stock. This dividend payment is a regular occurrence for Costco and reflects the company's consistent approach to returning capital to its shareholders. The dividend amount declared is $0.275 per share, with a payable date of August 24, 2012, to shareholders of record as of August 10, 2012. While this filing does not contain new financial performance data or significant business developments, it serves as a formal notification of the dividend, which is a key factor for income-focused investors.
Key Highlights
- 1Declaration of a quarterly cash dividend on common stock.
- 2Dividend amount: $0.275 per share.
- 3Record date for dividend: August 10, 2012.
- 4Payment date for dividend: August 24, 2012.
- 5Filing type: Form 8-K, Item 8.01 (Other Events).
- 6This filing confirms a standard capital return to shareholders.
Frequently Asked Questions
The primary purpose of this 8-K filing is to officially announce the declaration of a quarterly cash dividend on Costco's common stock.
The dividend declared is $0.275 per share. It is payable on August 24, 2012, to shareholders who own the stock as of the close of business on August 10, 2012.
No, this filing is specific to the declaration of a dividend and does not contain new financial statements, significant business updates, or material events beyond the dividend announcement.
No, this is a quarterly cash dividend, which is a regular and expected distribution of capital to shareholders, indicating a consistent practice by Costco.