Starbucks Corp (SBUX) Announces Quarterly Cash Dividend

Starbucks Declares $0.61 Per Share Dividend, Payable February 2025

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Dec 11, 2024

Summary

Starbucks Corp (SBUX, Financial) has announced that its Board of Directors has approved a quarterly cash dividend of $0.61 per share of outstanding Common Stock. This dividend is scheduled to be paid on February 28, 2025, to shareholders who are on record as of February 14, 2025. Starbucks, a global leader in specialty coffee, continues to demonstrate its commitment to returning value to shareholders through regular dividend payments.

Positive Aspects

  • Starbucks continues to provide value to shareholders with a consistent dividend payout.
  • The announcement reflects the company's strong financial health and confidence in future cash flows.

Negative Aspects

  • Potential risks associated with forward-looking statements, including market volatility and economic uncertainties.
  • Challenges in maintaining brand value amidst potential negative consumer or governmental responses.

Financial Analyst Perspective

From a financial analyst's viewpoint, Starbucks' decision to maintain its dividend payout is a positive indicator of the company's robust financial position and its ability to generate consistent cash flow. The dividend yield can be attractive to income-focused investors, and it underscores Starbucks' commitment to shareholder returns. However, analysts should remain vigilant about the potential risks outlined in the forward-looking statements, which could impact future financial performance.

Market Research Analyst Perspective

As a market research analyst, the dividend announcement by Starbucks highlights the company's strategic focus on maintaining investor confidence and market stability. The consistent dividend policy may enhance Starbucks' attractiveness to long-term investors. However, the company must navigate various market challenges, including changing consumer preferences and global economic conditions, to sustain its growth trajectory and market leadership.

FAQ

Q: What is the amount of the dividend announced by Starbucks?

A: Starbucks announced a quarterly cash dividend of $0.61 per share.

Q: When will the dividend be paid?

A: The dividend will be payable on February 28, 2025.

Q: Who is eligible to receive the dividend?

A: Shareholders of record on February 14, 2025, will be eligible to receive the dividend.

Q: What are some potential risks mentioned in the press release?

A: Risks include market volatility, economic uncertainties, and challenges in maintaining brand value.

Read the original press release here.

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Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.