The following video is from Wednesday's MarketFoolery podcast, in which host Chris Hill, along with analysts Bryan Hinmon and Catherine Baab-Muguira, discuss the top business and investing stories.
In this segment, the analysts discuss the latest special dividend announcement in a series, this one coming from Costco (NASDAQ: COST); the payout will be about $3 billion. We hear about why so many companies are making these special dividend payouts ahead of the impending potential fiscal cliff at the end of the year, and we look at a couple companies that have a lot of cash on the balance sheet that our analysts would like to see special dividends from.
Catherine Baab-Muguira, Bryan Hinmon, and Chris Hill have no positions in the stocks mentioned above. The Motley Fool owns shares of Costco Wholesale. Motley Fool newsletter services recommend Costco Wholesale. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.