Starbucks Raises Quarterly Dividend to 53 Cents a Share
28 September 2022 - 10:42PM
Dow Jones News
By Denny Jacob
Starbucks Corp. on Wednesday said its board approved an increase
to its quarterly cash dividend to 53 cents a share from 49
cents.
The coffee chain said the increase will be effective with the
dividend payment being distributed on Nov. 25 to shareholders of
record on Nov. 11 and raises the company's annual dividend rate to
$2.12 a share.
Write to Denny Jacob at denny.jacob@wsj.com
(END) Dow Jones Newswires
September 28, 2022 16:27 ET (20:27 GMT)
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