Starbucks Stock: Steady Dividend with Limited Upside
13 Januar 2022 - 03:00PM
TipRanks
Starbucks Corporation (SBUX) celebrated its 50th anniversary since
opening its first coffee bar in Pike Place Market last
year. The company has posted great year-over-year
numbers and is executing its strategy to continue high single-digit
growth for the foreseeable future. It also pays a nice
dividend and plans to return three billion dollars to shareholders
over the next three years through share buybacks and dividend
payouts. I also find this company’s philosophy outstanding.
SBUX treats its line-level employees incredibly well. The
company has offered its employees free college tuition through a
revolutionary program with Arizona State University, and has
committed to paying their baristas a minimum of $15 an hour.
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