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Starbucks Declares Quarterly Cash Dividend

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dividends
Rhea-AI Summary

Starbucks Corporation (NASDAQ: SBUX) has declared a dividend of $0.49 per share of common stock. This dividend will be paid on August 26, 2022, to shareholders who are on record as of August 12, 2022. With over 34,000 stores globally, Starbucks continues its commitment to ethically sourcing high-quality arabica coffee, further solidifying its position as a leading specialty coffee retailer.

Positive
  • Dividend declared at $0.49 per share enhances shareholder value.
  • Payment date of August 26, 2022, assures consistent income for investors.
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 August 26, 2022 to shareholders of record on August 12, 2022.

About Starbucks

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

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 dividend be paid?

The dividend will be paid on August 26, 2022.

When is the record date for the Starbucks dividend?

The record date for the dividend is August 12, 2022.

How often does Starbucks (SBUX) pay dividends?

Starbucks typically pays dividends quarterly.

Is the Starbucks dividend sustainable?

The sustainability of the dividend will depend on the company's future financial performance.

Starbucks Corp

NASDAQ:SBUX

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2.72%
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United States of America
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