- Special dividends are back on the plate for investors in the retail sector.
- Costco (NASDAQ:COST), Stein Mart (NASDAQ:SMRT), and L Brands (NYSE:LB) have all announced a special dividend within the last week.
- Though the capital allocation strategy has been criticized in the past for lacking creativity, some analysts note that in the retail sector investing in too many stores hasn't paid off for everyone.
- The special dividend group mentioned above have all out-performed the S&P Retail ETF over the last year: XRT +19% vs Costco +39%, Stein Mart +35%, L Brands +65.