Costco Wholesale (COST) announced on November 10, 2026 that its board of directors approved a special cash dividend of $30 per common share. The total payout will be approximately $13.3 billion.
The payment will be made on December 4, 2026 to shareholders of record as of November 24, 2026.
The board also reauthorized a share repurchase (buyback) program of up to $4 billion in common stock, which expires in November 2030. The new program replaces the current one, also $4 billion, adopted in 2023 and set to expire in January 2027, under which $3.1 billion had already been repurchased.
In a separate announcement, Costco said that Helena B. Foulkes resigned from the board of directors on November 7, 2026. She had served on the board since August 16, 2023 and sat on the audit and the nominating and governance committees. The company said her departure was not due to any disagreement with the company and that Helena was recently elected governor of the state of Rhode Island.
Costco currently operates 945 warehouses, 653 of them in the United States and Puerto Rico.
