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Starbucks Declares Quarterly Cash Dividend

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary

Starbucks Corporation (NASDAQ: SBUX) has announced a dividend of $0.45 per share of outstanding Common Stock. This dividend will be distributed in cash on August 27, 2021, to shareholders who hold stocks by August 12, 2021. This decision reflects the company's commitment to returning value to its shareholders. With nearly 33,000 stores globally, Starbucks continues to be a leader in the specialty coffee market, focusing on high-quality arabica coffee sourcing and roasting.

Positive
  • Dividend payout of $0.45 per share enhances shareholder returns.
  • Demonstrates company's commitment to returning value to shareholders.
  • Strong global presence with nearly 33,000 stores indicates robust market position.
Negative
  • None.

Starbucks Corporation (NASDAQ: SBUX) today announced that its Board of Directors has approved a dividend of $0.45 per share of outstanding Common Stock. The dividend will be payable in cash on August 27, 2021 to shareholders of record on August 12, 2021.

About Starbucks

Since 1971, Starbucks Coffee Company has been committed to ethically sourcing and roasting high-quality arabica coffee. Today, with nearly 33,000 stores worldwide, the company is the premier roaster and retailer of specialty coffee in the world. Through our unwavering commitment to excellence and our guiding principles, we bring the unique Starbucks Experience to life for every customer through every cup. To share in the experience, please visit us in our stores or online at http://news.starbucks.com or www.starbucks.com.

FAQ

What is the dividend amount for Starbucks (SBUX)?

Starbucks has announced a dividend of $0.45 per share.

When will Starbucks (SBUX) pay its dividend?

The dividend will be payable on August 27, 2021.

What is the record date for Starbucks (SBUX) dividend?

The record date for the dividend is August 12, 2021.

How does the dividend impact Starbucks (SBUX) stock performance?

The dividend payout can positively influence investor sentiment and stock performance.

Starbucks Corp

NASDAQ:SBUX

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SBUX Stock Data

99.23B
1.11B
2.09%
80.75%
2.72%
Restaurants
Retail-eating & Drinking Places
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United States of America
SEATTLE