Costco investors await potential special dividend announcement in December

Costco Wholesale has a history of special dividend payments, but these are not guaranteed. Last year, the company announced a $15 special dividend in December, following a pattern of similar payments in previous years. However, Costco has not made special dividends in consecutive years. This year, Costco's financial performance may not support another special dividend. The company has faced slower growth, making it less likely to issue a special payment in December, especially after last year's distribution. Despite its strong stock performance, Costco's high price-to-earnings ratio may deter some investors. While the company remains a solid investment, there are potentially better options available at lower prices.