Posted 9/21/2023, 12:10:00 AM
Starbucks Increases Quarterly Dividend by 7.5% for 13th Consecutive Year
- Starbucks raised its quarterly dividend by 7.5% to 57 cents per share
- The increased dividend will be payable on November 25 to shareholders of record on November 10
- This marks the 13th consecutive annual dividend increase for Starbucks
- Starbucks has raised its dividend by a compound annual growth rate of nearly 15% over the past decade
- The company's dividends have increased along with its earnings growth over the years