Starbucks Corporation (SBUX), the iconic coffee company with nearly 34,000 stores globally, has seen its shares trade relatively flat over the past six months. While the company suffered temporarily during the COVID-19 pandemic amid international lockdowns and restrictions imposed on physical locations, Starbucks' financials have recovered dramatically over the past few quarters, with the company's profitability hitting very satisfactory levels. In the current environment of ultra-low yields, Starbucks remains a rather attractive pick, in my view. Currently, at around 1.8%, the stock's yield may not look that hefty, however, dividend growth continues to be robust and is likely to remain so backed by an expanding bottom line.
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