Summary
Costco Wholesale Corporation (COST) announced on October 13, 2021, a quarterly cash dividend declaration by its Board of Directors. This dividend of $0.79 per share is a routine event for the company, reflecting its commitment to returning capital to shareholders. The dividend is payable on November 12, 2021, to shareholders who are on record as of October 29, 2021. While this 8-K filing primarily serves to formally announce the dividend, it is important for investors to note the ex-dividend and payment dates for managing their holdings. This action aligns with Costco's established practice of providing regular dividend payments, which can be an attractive feature for income-focused investors.
Key Highlights
- 1Costco declared a quarterly cash dividend of $0.79 per share.
- 2The dividend declaration was made by the Board of Directors on October 13, 2021.
- 3The payment date for the dividend is November 12, 2021.
- 4Shareholders of record as of the close of business on October 29, 2021, will receive the dividend.
- 5This filing is an 8-K report related to Other Events and Financial Statements/Exhibits.
- 6Exhibit 99.1 includes a press release dated October 13, 2021, which likely elaborates on the dividend and potentially other company updates.
Frequently Asked Questions
Costco declared a quarterly cash dividend of $0.79 per share.
The dividend payment is scheduled for November 12, 2021.
Shareholders who are on record at the close of business on October 29, 2021, will be eligible to receive the dividend.
This is a Form 8-K filing, which is used to announce significant events. The primary purpose of this specific filing is to formally announce the declaration of a quarterly cash dividend.