Starbucks Announces Increase in Quarterly Cash Dividend
28 September 2022 - 10:05PM
Business Wire
Commemorates Twelfth Consecutive Annual
Increase
Starbucks Corporation (NASDAQ: SBUX) today announced that its
Board of Directors has approved an increase in the company’s
quarterly cash dividend from $0.49 to $0.53 per share. 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.
About Starbucks
Since 1971, Starbucks Coffee Company has been committed to
ethically sourcing and roasting high-quality arabica coffee. Today,
with nearly 35,000 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20220928006026/en/
Starbucks Contact, Investor Relations: Tiffany Willis
investorrelations@starbucks.com
Starbucks Contact, Media: Maggie Jantzen 206-318-7100
press@starbucks.com
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