{
  "id": 15282681,
  "title": "Costco Will Pay a $1.47 Dividend on Nov. 13 -- Here's Whether It Makes More Sense to Use a Dividend Reinvestment Program or Keep the Income",
  "url": "https://urgent.news/2026/10/17/costco-will-pay-a-1-47-dividend-on-nov-13-heres-whether-it-makes-more",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-17T21:00:00.000Z",
  "source": {
    "name": "Motley Fool",
    "slug": "motley-fool",
    "url": "https://www.fool.com/investing/2026/10/17/costco-will-pay-a-147-dividend-on-nov-13-heres-whe/?source=iedfolrf0000001"
  },
  "original_language": "en",
  "account": "Costco Wholesale (COST) shareholders are set to receive a dividend payment of $1.47 per share on November 13, 2023. This will be payable to shareholders of record at the close of business on October 30, 2023. Investors must decide whether to take the dividends as income or utilize them in a dividend reinvestment plan (DRIP) that purchases more Costco shares. A DRIP can be beneficial when it comes to accumulating shares over time without using personal funds, potentially leading to greater returns due to stock price appreciation. Over the past five years, Costco shares have grown by 117%, outpacing the S&P 500's 72.6% return. However, the decision between using the dividend for reinvestment or income may vary depending on factors such as the number of shares owned and the investor's retirement status. For those with a larger number of shares or many years ahead, reinvesting dividends via a DRIP could be advantageous. Similarly, younger investors may prefer reinvesting dividends to build a larger position. Conversely, for shareholders nearing retirement or those with a smaller share count, taking the dividend as income may be more suitable. The power of a DRIP is evident, especially when an investor's account is enrolled and the firm pays a special dividend. In such cases, the funds from the special dividend could be used to purchase additional shares, further enhancing the investor's position in the company.",
  "summary": "Depending on investing goals and the number of shares owned, one choice may make more sense than the other.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Nasdaq Markets",
        "title": "Costco Will Pay a $1.47 Dividend on Nov. 13 -- Here's Whether It Makes More Sense to Use a Dividend Reinvestment Program or Keep the Income",
        "url": "https://urgent.news/2026/10/17/costco-will-pay-a-1-47-dividend-on-nov-13-heres-whether-it-makes-more-15290567",
        "published": "2026-10-17T21:20:00.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}