Starbucks Declares Quarterly Cash Dividend

Rhea-AI Summary

SEATTLE--(BUSINESS WIRE)--Starbucks Corporation (NASDAQ: SBUX) has announced a quarterly cash dividend of $0.53 per share, which will be payable on February 24, 2023, to shareholders of record on February 10, 2023. This reflects the company’s commitment to returning value to its shareholders. With over 35,000 stores globally, Starbucks continues to prioritize ethically sourced high-quality coffee, reinforcing its market leadership.

Positive

• Quarterly cash dividend of $0.53 per share.
• Dividend payment date set for February 24, 2023.
• Shareholders can expect consistent returns.

Negative

• None.

SEATTLE--(BUSINESS WIRE)-- Starbucks Corporation (NASDAQ: SBUX) today announced that its Board of Directors has approved a quarterly cash dividend of $0.53 per share of outstanding Common Stock. The dividend will be payable in cash on February 24, 2023 to shareholders of record on February 10, 2023.

About Starbucks

Since 1971, Starbucks Coffee Company has been committed to ethically sourcing and roasting high-quality arabica coffee. Today, with more than 35,000 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/20221130005906/en/

Starbucks Contact, Investor Relations:

Tiffany Willis

206-318-7118

investorrelations@starbucks.com

Starbucks Contact, Media:

Reggie Borges

206-318-7100

press@starbucks.com

Source: Starbucks Corporation

FAQ

What is the amount of the latest Starbucks dividend?

Starbucks announced a dividend of $0.53 per share.

When will Starbucks pay its dividend?

The dividend will be payable on February 24, 2023.

Who receives the Starbucks dividend?

Shareholders of record on February 10, 2023, will receive the dividend.

How often does Starbucks pay dividends?

Starbucks typically pays dividends quarterly.

Is the Starbucks dividend sustainable?

The sustainability of the dividend can depend on the company’s financial performance.