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Costco Wholesale Corporation Message Board

  • mesa49kid mesa49kid Dec 19, 2012 6:54 PM Flag

    costco special dividend

    i received it yesterday from Schwab, only to find out that because its a special dividend it can't be reinvested automatically I'm ahead in the stock some even after the ex-dividend but I'm starting to feel like stock dividends are somewhat of a shell game since the value of the distribution comes out of the share price That doesn't happen with a savings account The woman I spoke to at Schwab said, well you're betting that the price will go up over time, but I'm doing that with a non-dividend paying stock too If I'm the one paying the dividend, whats the advantage, I should ignore the dividend in deciding whether to buy a stock Any old pros out there who see it differently?

    Sentiment: Buy

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126.50+0.02(+0.02%)Sep 19 4:15 PMEDT

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