Starbucks (SBUX) Raises Quarterly Dividend 9.8% to $0.45; 2.1% Yield
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Starbucks Announces 10% Increase in Quarterly Cash Dividend
September 30, 2020 4:30 PM EDTMarks Tenth Consecutive Annual Increase
SEATTLE--(BUSINESS WIRE)-- Starbucks Corporation (NASDAQ: SBUX) today announced that its Board of Directors approved a 10% increase in the Companys quarterly cash dividend. The quarterly cash dividend will increase from $0.41 to $0.45 per share and will be effective with the dividend payment to be distributed on November 27, 2020 to shareholders of record on November 12, 2020. This increase raises the Companys annual dividend rate to $1.80 per share.
The Boards decision to raise our quarterly dividend demonstrates confidence in the strength of our recovery and the robustness of... More
