Starbucks Declares Quarterly Cash Dividend

Rhea-AI Summary

Starbucks Corporation (NASDAQ: SBUX) has declared a dividend of $0.45 per share for its shareholders. This dividend is set to be paid on May 28, 2021, to those on record by May 13, 2021. The company remains a leader in the premium coffee sector with nearly 33,000 stores globally, focusing on ethically sourced high-quality arabica coffee and delivering an exceptional customer experience.

Positive

• Announcement of a $0.45 per share dividend, indicating strong financial health.
• Confidence in shareholder returns with a clear payment schedule.

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 May 28, 2021 to shareholders of record on May 13, 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210317005718/en/

FAQ

When is the next Starbucks dividend payment?

The next dividend payment for Starbucks is scheduled for May 28, 2021.

What is the amount of Starbucks' upcoming dividend?

Starbucks' upcoming dividend is $0.45 per share.

Who is eligible for the Starbucks dividend?

Shareholders recorded by May 13, 2021, are eligible for the dividend.