Starbucks Declares Quarterly Cash Dividend

Rhea-AI Summary

Starbucks Corporation (NASDAQ: SBUX) has declared a dividend of $0.49 per share, set to be paid on May 27, 2022. Shareholders of record by May 13, 2022 will receive this dividend. This announcement reflects Starbucks' commitment to returning value to its shareholders.

Positive

• Dividend of $0.49 per share signifies continued shareholder return.
• Dividend payment reflects company confidence and financial health.

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 May 27, 2022 to shareholders of record on May 13, 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220322005478/en/

Starbucks Contact, Investor Relations:

Tiffany Willis

investorrelations@starbucks.com

Starbucks Contact, Media:

Maggie Jantzen

206-318-7100

press@starbucks.com

Source: Starbucks Corporation

FAQ

When is Starbucks' dividend payment date for 2022?

Starbucks' dividend payment date is May 27, 2022.

What is the amount of Starbucks' dividend per share?

Starbucks has declared a dividend of $0.49 per share.

Who qualifies for the Starbucks dividend?

Shareholders who are on record by May 13, 2022, will qualify for the dividend.