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Steve P

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Re: How Costco Became the Anti-Wal-Mart

by Steve P » Fri Nov 30, 2012 7:48 pm

Greg R. wrote:Like art, a business can look different depending on your point of view... 8)

http://online.wsj.com/article/SB10001424127887324705104578149012514177372.html?mod=WSJ_article_comments#articleTabs%3Darticle



Probably in response to Walmart doing the same thing almost two weeks ago.

http://www.nytimes.com/2012/11/20/busin ... amble.html

...."The Walton family, which founded Wal-Mart, could save as much as $180 million in federal income taxes after the huge retailer announced Monday that it would pay out its quarterly dividend on Dec. 27 instead of Jan. 2, as was scheduled"...
Stevie P...The Daddio of the Patio
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Re: How Costco Became the Anti-Wal-Mart

by Steve P » Fri Nov 30, 2012 8:50 pm

Greg R. wrote:Like art, a business can look different depending on your point of view... 8)

http://online.wsj.com/article/SB10001424127887324705104578149012514177372.html?mod=WSJ_article_comments#articleTabs%3Darticle


...and then of course there is this little ditty:

http://www.foxbusiness.com/industries/2 ... =obnetwork

...."Shares of Whole Foods (WFM) rallied 2% Friday morning after the grocery-store chain joined a slew of other major companies by paying out a special cash dividend before the fiscal cliff threatens to raise taxes on investors.

Late Thursday Whole Foods said its board of directors has signed off on a one-time dividend payout of $2 per share.

The Austin-based company said the dividend is payable on December 21 to shareholders of record as of December 10. The total payout from this move is estimated at $370 million"...


Stevie P...The Daddio of the Patio
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Re: How Costco Became the Anti-Wal-Mart

by Greg R. » Sat Dec 01, 2012 12:46 pm

I have a few stocks paying dividends before the end of the year, but I think the point of the article was that this move doesn't seem to fall in line with their spoken philosophy....not putting their money where their mouth is so to speak.
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