Note: The payout ratio is calculated as total dividends per share divided by diluted earnings per share for the fiscal year. The significantly high payout ratios in fiscal years 2021 and 2024 are due to large special cash dividends of $10.00 and $15.00 per share, respectively. The figure for fiscal year 2025 is an estimate based on announced regular dividends for the year and the trailing twelve months' earnings per share as of May 2025. Costco's fiscal year ends in late August/early September.