By Sabela Ojea

 

Costco Wholesale declared a special dividend after posting its results for its fiscal first quarter.

The warehouse retailer on Thursday said its board of directors approved a special payout to shareholders of $15 per share.

The aggregate amount of the payment will be worth about $6.7 billion, Costco said.

 

Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix

 

(END) Dow Jones Newswires

December 14, 2023 16:42 ET (21:42 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.
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