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NEW YORK (TheStreet) -- TheStreet's Jim Cramer took a closer look at Costco Wholesale (COST - Get Report) on CNBC's "Stop Trading" segment. Costco shares are higher by 1.5% in late morning trading Friday following the company's announcement of a special dividend. 

The $5 per share dividend will be paid on Feb. 27 for those who hold shares on Feb. 9. 

COST Chart
Costco Wholesale COST data by YCharts

This just goes to show that the consumer is stronger than investors think, said Cramer, the co-manager of the Action Alerts PLUS portfolio

Maybe there hasn't been a broad-based boost in spending across the board, but consumers are going to Costco and Apple (AAPL) and still making purchases, he said.

 

GOOGL Chart
Google GOOGL data by YCharts

Cramer speculated that Google (GOOGL - Get Report) (GOOG - Get Report) , which currently pays no dividend, could entertain a similar capital return plan for shareholders some time in the next 12 months.

Google currently holds $64.4 billion in cash

- - Written by Bret Kenwell

Follow @BretKenwell

At the time of publication, Cramer's Action Alerts PLUS held GOOGL.