Starbucks Declares Quarterly Cash Dividend

Rhea-AI Summary

Starbucks Corporation (NASDAQ: SBUX) has declared a dividend of $0.45 per share for its common stock. This dividend will be paid in cash on March 5, 2021, to shareholders recorded as of February 18, 2021. With nearly 33,000 stores globally, Starbucks is committed to ethically sourcing high-quality arabica coffee and providing an exceptional customer experience.

Positive

• Dividend declared at $0.45 per share enhances shareholder returns.
• Company remains committed to ethical sourcing and high-quality products.

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 March 5, 2021 to shareholders of record on February 18, 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/20210113005203/en/

FAQ

What is the upcoming dividend payment date for SBUX?

The upcoming dividend payment date for SBUX is March 5, 2021.

When is the record date to receive the dividend for SBUX?

The record date to receive the dividend for SBUX is February 18, 2021.

How much is the SBUX dividend per share?

The SBUX dividend per share is $0.45.

How often does Starbucks pay dividends?

Starbucks typically pays dividends on a quarterly basis.