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29 September 2022 | Other

Starbucks announces an increase in dividend

Starbucks Corp

The Starbucks’s board of directors has given an approval to increase the company’s quarterly dividend by $0.04 per share (from $0.49 to $0.53). The increase will take place after the next dividend payments on November 25, 2022. Also, it’ll be applied to the company’s recorded shareholders on November 11, 2022. Total annual amount of dividend will grow up to $2.12 per share.

Starbucks started to pay dividend in 2010, and over the past twelve years increased these payments every year.

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