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Starbucks Declares Quarterly Cash Dividend

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(Low)
Rhea-AI Sentiment
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dividends
Rhea-AI Summary

Starbucks Corporation (NASDAQ: SBUX) has announced a cash dividend of $0.49 per share of common stock. This dividend is set to be paid on February 25, 2022, to shareholders of record as of February 11, 2022. The decision reflects Starbucks' ongoing commitment to returning value to shareholders while maintaining its position as a leading specialty coffee retailer with approximately 34,000 stores globally.

Positive
  • Dividend of $0.49 per share enhances shareholder income.
  • Payment scheduled for February 25, 2022, indicates company confidence.
Negative
  • None.

SEATTLE--(BUSINESS WIRE)-- Starbucks Corporation (NASDAQ: SBUX) today announced that its Board of Directors has approved a dividend of $0.49 per share of outstanding Common Stock. The dividend will be payable in cash on February 25, 2022 to shareholders of record on February 11, 2022.

About Starbucks

Since 1971, Starbucks Coffee Company has been committed to ethically sourcing and roasting high-quality arabica coffee. Today, with nearly 34,000 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.

Starbucks Contact, Investor Relations:

Tiffany Willis

206-318-6921

investorrelations@starbucks.com

Starbucks Contact, Media:

Maggie Jantzen

206-318-7100

press@starbucks.com

Source: Starbucks Corporation

FAQ

What is the dividend amount for Starbucks (SBUX) in 2022?

Starbucks has declared a dividend of $0.49 per share for 2022.

When will the Starbucks (SBUX) dividend be paid?

The dividend will be paid on February 25, 2022.

What is the record date for the Starbucks (SBUX) dividend in 2022?

The record date for the dividend is February 11, 2022.

How does the dividend impact Starbucks (SBUX) shareholders?

The dividend provides direct income to shareholders, reflecting the company's commitment to return value.

Starbucks Corp

NASDAQ:SBUX

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