8-KOther EventsExhibits & Filings

COSTCO WHOLESALE CORP /NEW 8-K Report, Corporate Update (Jan 30, 2015)

Filed January 30, 2015For Securities:COST

Summary

Costco Wholesale Corporation (COST) announced a significant capital return to shareholders through the declaration of both a quarterly and a special cash dividend on January 29, 2015. This filing indicates a robust financial position, allowing the company to distribute substantial value directly to its investors. The regular quarterly dividend was set at $0.355 per share, payable on February 27, 2015, to shareholders of record on February 13, 2015. More notably, a special cash dividend of $5.00 per share was also declared, with the same payment date and a slightly earlier record date of February 9, 2015. This substantial special dividend signals strong free cash flow generation and management's confidence in the company's ongoing operational performance and future prospects.

Key Highlights

  • 1Declaration of a quarterly cash dividend of $0.355 per share.
  • 2Declaration of a substantial special cash dividend of $5.00 per share.
  • 3Both dividends are payable on February 27, 2015.
  • 4Record date for the quarterly dividend is February 13, 2015.
  • 5Record date for the special dividend is February 9, 2015.
  • 6The filing is an 8-K Current Report dated January 29, 2015, relating to events on January 28, 2015.
  • 7Includes press releases dated January 29, 2015, and January 30, 2015, as exhibits.

Frequently Asked Questions

Shareholders will receive a regular quarterly dividend of $0.355 per share and a special cash dividend of $5.00 per share, totaling $5.355 per share.

Both the quarterly and the special cash dividends are scheduled to be paid on February 27, 2015.

To receive the quarterly dividend, you must be a shareholder of record by the close of business on February 13, 2015. To receive the special dividend, you must be a shareholder of record by the close of business on February 9, 2015. Therefore, February 9, 2015, is the last day to purchase the stock to receive both dividends.

The declaration of a significant special dividend typically indicates that the company has generated strong free cash flow, has a healthy balance sheet, and is confident in its ongoing operational performance. It suggests robust profitability and a positive outlook on future cash generation, allowing management to return excess capital to shareholders.