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Tuesday, 11/17/2020 10:27:46 AM

Tuesday, November 17, 2020 10:27:46 AM

Post# of 432721
Just thinking........(out loud for a change)

Here is what a management does that "cares" about their stockholders.

Costco had an outsized $12 billion-plus in cash on its balance sheet compared to only $7.5 billion in total debt exiting its most recent quarter. So now was a good as time as any to reward shareholders.

And management did just that Monday at long last.

The retailer announced a $10 a share special dividend payable to shareholders of record as of December 2. It will be paid out on December 11.

IDCC: total cash ~ $919m
total debt ~ $363.5m

just sayin'............

MD
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