Summary
Costco Wholesale Corporation (COST) filed an 8-K on October 24, 2018, primarily announcing a routine quarterly cash dividend. The Board of Directors declared a dividend of $0.57 per share on its common stock. This dividend is scheduled to be paid on November 23, 2018, to shareholders who are on record as of the close of business on November 9, 2018. While this filing is brief and does not contain significant operational or financial updates beyond the dividend declaration, it provides timely information for shareholders regarding their expected returns. Investors should note the payment and record dates for this dividend payment, ensuring they are holders of the stock by the record date to be eligible for the distribution.
Key Highlights
- 1Declaration of a quarterly cash dividend of $0.57 per common share.
- 2Dividend payment date set for November 23, 2018.
- 3Record date for dividend eligibility is November 9, 2018.
- 4The filing was made on October 24, 2018, reflecting the Board's decision on that date.
- 5No other material financial or operational information was disclosed in this specific 8-K filing.
- 6The report includes a press release dated October 24, 2018, 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's Board of Directors.
The quarterly dividend declared is $0.57 per share. It is payable on November 23, 2018.
Shareholders who are recorded as holding the company's common stock at the close of business on November 9, 2018, are eligible to receive this dividend payment.
No, this particular 8-K filing is focused solely on the dividend declaration and does not include other material business updates, financial results, or operational changes.