The popular retail giant, Costco (NASDAQ: COST), approved a comparatively massive special cash dividend on its common stock, per an announcement published on Tuesday, November 10.
This payment is scheduled for December 10 and will amount to $30 per COST share owned. Overall, the special dividend is 425% larger than the combined yield of the four regular distributions in 2026, the combined value of which amounts to $5.71.
Notably, investors who are yet to purchase the equity and want to benefit from the decision need to buy COST before Tuesday, November 24.
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Receiving the $30 would require a $1,066.14 investment based on the Costco stock’s latest closing price, while acquiring 100 shares would yield $3,000 and cost $106,614.
Here’s when Costco stock will distribute its next regular dividend
Meanwhile, the retail giant is scheduled to distribute its last regular dividend of calendar year 2026 later this week, on Friday, November 13. East COST shares will yield $1.47 and, with the ex-dividend date passing on October 29, no new investor can benefit from it.
Looking ahead, Costco is likely to pay its first 2027 dividend – and most likely the final worth $1.47 – sometime in February, and investors will probably be able to purchase the stock until late January to receive the payment.
Costco stock sees new $4 billion buyback program approved
Finally, the Tuesday, November 10 also featured an announcement that the company’s Board reauthorized a common-stock repurchase program of up to $4 billion, which will expire in 2030 and replaces the one adopted in 2023 under which $3.1 billion worth of stock has been bought.
So far, Costco shares have shown only a weak reaction to the news. After remaining flat and closing at $1,066.14 during the previous regular session, the equity rallied 0.018% to $1,066.33 at press time in the Wednesday pre-market.
Still, COST stock’s long-term performance remains strong, and it is up 24.77% year-to-date (YTD). For comparison, the benchmark S&P 500 market index rallied 9.66% in the same period.
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