FeesSafety
Pluang+

Costco issues $30 special dividend, advises waiting post-payout before buying more shares.

Analyst Insights
11 Nov 2026, 21:44 WIB
Seeking Alpha
View Source
Bearish
Costco issues $30 special dividend, advises waiting post-payout before buying more shares.

Costco Wholesale Corporation is paying a $30 per share special dividend, using about 62% of its cash reserves, with an ex-dividend date of November 24. The company prefers this cash payout over share buybacks due to its high forward price-to-earnings ratio of around 51, which makes buybacks less attractive compared to the historical median of 28.6. Despite rising stock prices, Costco's return on equity has plateaued, and indicators like RSI and Bollinger Bands suggest the stock is currently overbought. Investors are advised to wait until after the dividend payout before considering additional purchases, as many fund managers have started reducing their holdings.

Costco shares are trading at USD 1,080.89 on Pluang as of November 12, 2026, showing a 1.38% gain in the last day. The stock's dividend yield stands at 0.55%, reflecting its ongoing appeal despite the special dividend news. Most Pluang users remain buyers, with 85% of order activity favoring purchases at this time.

More News (COST)

banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App