By Radarr Africa Business Desk
NEW YORK, November 11 (Radarr Africa) – Costco Wholesale Corporation’s board has declared a special cash dividend of $30 a share on its common stock, a payout of about $13.3 billion in total, the company said in a filing with the US Securities and Exchange Commission.
The dividend is payable on December 4, 2026, to shareholders of record at the close of business on November 24, 2026. The company announced it on November 10.
The board also reauthorised a common-stock repurchase programme of up to $4 billion, which expires in November 2030. It replaces the current $4 billion programme, adopted in 2023 and due to expire in January 2027, under which $3.1 billion of shares had been bought.
The $13.3 billion special dividend is more than three times the size of the new $4 billion buyback authorisation. The record date falls two weeks after the announcement and the payment date about three and a half weeks after it.
