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Starbucks hikes dividend by 1.6%

Starbucks (SBUX) will raise its quarterly dividend by 1.6% to a new record high of $0.62 per share in 2025. This marks 15 consecutive years of increases by the coffee company.

Starbucks hikes dividend by 7%

Starbucks (SBUX) will hike its quarterly dividend by 7% to 61 cents per share in 2024. This marks 14 consecutive years of increases.

Starbucks hikes dividend by 7.5%

On September 20, 2023, Starbucks Corporation (SBUX) announced that it will raise its quarterly dividend by 7.5% to $0.57 per share. This follows a dividend hike of 8.2 percent to $0.53 per share in 2022 and will mark the 13th consecutive year of annual dividend increases by the specialty coffee company. This increase will be effective with the dividend payable on November 24, 2023, to shareholders of record on November 10, 2023, and raises the company’s annual dividend rate to $2.28 per share. Starbucks initiated its dividend in 2010 at $0.05 per share of outstanding Common Stock, and increased its dividend consecutively each year over the past 13 years at a CAGR of approximately 20%. At a stock price of $92.74 the dividend yield for Starbucks is 2.46%. The company now pays an estimated $2.6 billion in dividends to shareholders annually. Starbucks Corporation (Starbucks) is a roaster, marketer and retailer of specialty coffee. The company purchases and roasts high-quality coffees t...

Starbucks hikes dividend by 8.2%

On September 28, 2022, Starbucks Corporation (SBUX) announced that it will raise its quarterly dividend by 8.2% to $0.53 per share. This follows a dividend hike of 8.9 percent to $0.49 per share in 2021 and will mark the 12th consecutive year of annual dividend increases by the specialty coffee company. This increase will be effective with the dividend payment to be distributed on November 25, 2022, to shareholders of record on November 11, 2022, and raises the company’s annual dividend rate to $2.12 per share. Starbucks initiated its dividend in 2010 and has increased it in each of the past 12 years. A new annual rate of $2.12 per share yields 2.4% at a stock price of $87. Starbucks Corporation (Starbucks) is a roaster, marketer and retailer of specialty coffee. The company purchases and roasts high-quality coffees that are sold, along with handcrafted coffee, tea and other beverages and a variety of high-quality food items through company-operated stores. Starbucks also sells a v...

Starbucks hikes dividend by 8.9%

Starbucks (SBUX) will raise its quarterly dividend by 8.9 percent to $0.49 per share in 2021. This comes after a 9.8 percent hike to 45 cents per share announced by SBUX in 2020. This will mark the 11th consecutive year of annual dividend increases by the specialty coffee company. The next SBUX dividend is payable November 26, 2021, to shareholders of record on November 12, 2021. A new annual rate of $1.96 per share yields 1.7% at a stock price of $112.17. If we include this new dividend hike Starbucks will pay an estimated $2.3 billion in dividends annually to its shareholders. This year will mark the second time since 2011 that the company does not raise its dividend by double digits. Starbucks actually hiked its dividend by more than 20 percent for 8 consecutive years through 2018. The average 5-year dividend growth rate is 14.4 percent for Starbucks. Starbucks Corporation (Starbucks) is a roaster, marketer and retailer of specialty coffee. The company purchases and roasts high-qua...

Starbucks hikes dividend by 9.8%

Starbucks (SBUX) will raise its quarterly dividend by 9.8 percent to 45 cents per share in 2020. This follows a 13.9 percent dividend increase to $0.41 per share in 2019 and will mark the 10th consecutive year of annual dividend increases by the specialty coffee company. The next dividend is payable on November 27, 2020 to shareholders of record on November 12, 2020. A new annual rate of $1.80 per share yields 2.1% at a stock price of $85.92. In the company's press release dated September 30, 2020 Starbucks announces this dividend hike including a comment from CEO Kevin Johnson: “The Board’s decision to raise our quarterly dividend demonstrates confidence in the strength of our recovery and the robustness of our long-term growth model,” said Kevin Johnson, Starbucks president and ceo. “Our cash flow generation is strong, and we remain committed to reducing our financial leverage while continuing to invest for future growth,” concluded Johnson. Starbucks states that it has initiated...

Starbucks hikes dividend by 13.9%

Starbucks (SBUX) will raise its quarterly dividend by 13.9 percent to $0.41 per share in 2019. This will mark the 9th consecutive year of annual dividend increases by the specialty coffee company. The next dividend is payable on November 29, 2019, to shareholders of record as of November 13, 2019. A new annual rate of $1.64 per share yields 2.0% at a stock price of $82.37. Starbucks Corporation (Starbucks) is a roaster, marketer and retailer of specialty coffee. The company purchases and roasts high-quality coffees that are sold, along with handcrafted coffee, tea and other beverages and a variety of high-quality food items through company-operated stores. Starbucks also sells a variety of coffee and tea products and licenses its trademarks through other channels such as licensed stores, grocery and foodservice accounts. In addition to its flagship Starbucks Coffee brand, the company sells goods and services under the following brands: Teavana, Seattle’s Best Coffee, Evolution Fres...

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