Regulatory filing 📈 Stocks 🌍 United States

Costco Declares $30 Special Dividend and $4 Billion Buyback Program

Costco Wholesale Corporation will distribute $13.3 billion in special dividends and has authorized a new $4 billion stock buyback program effective through November 2030.

🕐 1 min read

1 assets impacted (Stocks). Net bias: 1 Bullish, 0 Bearish, 0 Neutral. Strongest signal: COST ↑ 6/10 (85% confidence).

📊 Affected Assets (1)

COST
Bullish 🤖 85%
📅 Short-term 🌍 US · Explicit

On November 10, 2026 Costco's Board declared a $30 per share special cash dividend totaling about $13.3 billion, payable December 4, 2026 to holders of record as of November 24, 2026. It also reauthorized a $4 billion buyback running to November 2030. Such a large, quantified cash return signals financial strength and directly rewards shareholders, though the share price will typically adjust downward on the ex-dividend date.

Catalysts
  • ▲ $30 per share special cash dividend announced November 10, 2026, payable December 4, 2026 (record date November 24, 2026)
  • ▲ Total special dividend payment of approximately $13.3 billion
Risk Factors
  • ▼ Share price will mechanically drop by roughly the $30 dividend amount once the stock trades ex-dividend after November 24, 2026
  • ▼ The $13.3 billion cash outlay reduces the company's cash balance

🧭 Full analysis of these assets

🎯 Key Takeaways

  • Costco declared a $30 per share special cash dividend, totaling approximately $13.3 billion.
  • The special dividend is payable on December 4, 2026, to shareholders of record as of November 24, 2026.
  • The Board reauthorized a $4 billion stock repurchase program expiring in November 2030.
  • The new buyback program replaces a 2023 authorization under which $3.1 billion had been utilized.

📝 Executive Summary

Costco Wholesale Corporation announced a $30 per share special cash dividend totaling approximately $13.3 billion, payable on December 4, 2026, to shareholders of record as of November 24, 2026. Additionally, the company reauthorized a $4 billion common-stock repurchase program that will run through November 2030, replacing the previous 2023 program.

❓ FAQ

How much will Costco pay me per share?

$30 per share in a special cash dividend, payable on December 4, 2026 to shareholders of record as of November 24, 2026.

Is Costco also buying back stock?

Yes, the Board reauthorized a repurchase program of up to $4 billion, valid through November 2030, replacing the prior $4 billion program under which $3.1 billion had been used.