Market Flux Event
Starbucks Raises Quarterly Dividend 1.6% to $0.63 Per Share
Read this in the Market Flux appStarbucks increased its quarterly cash dividend by 1.6%, from $0.62 to $0.63 per share, bringing the annualized dividend rate to $2.52 per share. The dividend is payable November 27 to shareholders of record as of November 13.
The announcement came as shares of SBUX fell 2.63% on the day, suggesting the modest dividend increase did little to reassure investors amid broader concerns about the company's performance.
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Sources
- FirstSquawkSTARBUCKS HAS ANNOUNCED AN INCREASE IN ITS QUARTERLY CASH DIVIDEND TO $0.63 PER SHARE, TAKING THE ANNUALIZED DIVIDEND RATE TO $2.52 PER SHARE
- Seeking AlphaStarbucks raises quarterly dividend by 1.6% to $0.63/share
- FINANCIERNEWS☕ Starbucks Lifts Dividend 1.6% to $0.63 as Shares Slide 2.63% Starbucks declared a quarterly dividend of $0.63 per share, up 1.6% from $0.62, payable Nov. 27 to shareholders of record Nov. 13. $SBUX #Starbucks #Dividends #Sbux
- MarketWatchStarbucks Boosts Quarterly Dividend by 1.6%