Costco Wholesale has become a favored choice amongst investors, having delivered significant shareholder value with over 230% growth in stock price in the last five years. The company also awarded a special dividend of $15 per share early in 2024, a notable reward for its shareholders. However, special dividends are rare and typically depend on the company's financial health and management's discretion. Given the frequency of these payouts in recent years, investors may need to wait a few more years for another special dividend, as it typically pays them every two to four years.
Costco's improving financial health has allowed it to reward shareholders with substantial dividends, including a $15 special dividend earlier this year, showcasing its impressive growth.
Investors should temper expectations regarding future special dividends, as Costco typically pays them every two to four years, leaving uncertainty for the next payout.
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