
The dividend is payable Dec. 4, while the replacement stock repurchase program runs through November 2030.
Costco declared a special cash dividend of $30 per share, with a total payment of about $13.3 billion. The company said it will pay the dividend on Dec. 4 to shareholders of record at the close of business on Nov. 24.
The board also reauthorized a common-stock repurchase program of up to $4 billion. The new program expires in November 2030 and replaces a $4 billion program adopted in 2023, which was scheduled to expire in January 2027.
Costco said it had purchased $3.1 billion of stock under the existing program.
This article was produced with the help of AI technology. Based on reporting by the outlets listed above.