When in doubt, pray.
November 30 2012
Costco to spend $3 billion in payout plan ahead of 2013 tax hikes http://t.co/LGbbWPws #TCOT #P2
November 30, 2012
Costco to spend $3 billion on special $7-a-share dividend
Costco will spend $3 billion to pay a special dividend of $7 a share next month ahead of higher tax rates that may kick in come January. The Issaquah-based company joins a growing number of U.S. companies, from Wynn Resorts to Tyson Foods, that are announcing special dividends at four times the pace of last year ahead of pending tax increases in 2013.