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Costco to pay $1.47 per share dividend on November 13

The Motley Fool +1 ·

COST Costco Wholesale Corp
$989.11 +1.13%
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  1. 1Costco (COST) will pay a dividend of $1.47 per share on November 13
  2. 2Shareholders of record as of the market close on October 30 are eligible, and dividends can be received in cash or used to purchase more shares through a dividend reinvestment plan (DRIP)
  3. 3The original text explains that receiving dividends as cash income may be more suitable for shareholders nearing retirement or those with fewer shares held

So what's the key point?

Costco is giving $1.47 to shareholders for every share owned. This money can be taken as cash or used to buy more Costco shares.

Source The Motley Fool +1 · View original ↗

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