Costco just declared a $15 special dividend. Based on the amount of shares I have, that's $1,297 for me. On top of a 39% return this year.
This is a $6.7 billion dividend, with a starting cash balance of $17 billion, and long-term debt and lease liabilities of $9 billion. Meaning that even after paying this enormous dividend Costco will still have more cash than debt.
They also grew EPS above expectations and revenue in line. This is what a compounder looks like.
Joseph Carlson
Costco just declared a $15 special dividend. Based on the amount of shares I have, that's $1,297 for me. On top of a 39% return this year.
This is a $6.7 billion dividend, with a starting cash balance of $17 billion, and long-term debt and lease liabilities of $9 billion. Meaning that even after paying this enormous dividend Costco will still have more cash than debt.
They also grew EPS above expectations and revenue in line. This is what a compounder looks like.
1 year ago | [YT] | 1,067