Costco's Board of Directors has declared a special cash dividend of $30 per share, representing a total payout of approximately $13.3 billion. The company also announced the reauthorization of a $4 billion common stock repurchase program.
Key Details
- Special Dividend: $30 per share, totaling an estimated $13.3 billion.
- Dividend Timeline: Payable on December 4, 2026, to shareholders of record as of November 24, 2026.
- Stock Repurchase: The Board reauthorized a $4 billion share buyback program, which will expire in November 2030 and replaces the current authorization.
- Board Update: Helena B. Foulkes resigned from the Board of Directors, effective November 7, 2026, following her election as governor of Rhode Island. The resignation was not due to any disagreement with the company.