Summary
Costco Wholesale Corporation announced a quarterly cash dividend of $1.16 per share on its common stock. This dividend, declared by the Board of Directors on October 16, 2024, underscores the company's commitment to returning value to its shareholders. The payment date is set for November 15, 2024, with a record date of November 1, 2024, ensuring that shareholders of record as of that date will receive the distribution. This dividend declaration is a routine event for Costco, reflecting its consistent financial performance and ability to generate sufficient cash flow to support regular payouts to investors. While this 8-K filing does not contain new financial results, the dividend announcement provides positive reinforcement for income-focused investors and signals ongoing operational strength.
Key Highlights
- 1Quarterly cash dividend declared: $1.16 per share.
- 2Dividend declaration date: October 16, 2024.
- 3Dividend payment date: November 15, 2024.
- 4Record date for dividend: November 1, 2024.
- 5The announcement reinforces Costco's commitment to shareholder returns.
- 6This filing is primarily an "Other Events" disclosure regarding the dividend.