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Starbucks Announces Quarterly Dividend

by Nick
Starbucks

Starbucks Corporation (NASDAQ: SBUX) has declared a quarterly cash dividend of $0.57 per share for its outstanding Common Stock. The dividend is scheduled to be paid on August 30, 2024, to shareholders of record on August 16, 2024.

About Starbucks

Starbucks Coffee Company, established in 1971, is dedicated to ethically sourcing and roasting high-quality arabica coffee.

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With almost 39,000 stores globally, it stands as a leading roaster and retailer of specialty coffee. Through its commitment to excellence and guiding principles, Starbucks aims to deliver the unique Starbucks Experience to every customer.

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Forward-Looking Statements

Certain statements in this announcement are considered “forward-looking” statements under applicable securities laws and regulations. These statements are identified by words like “aim,” “anticipate,” “believe,” and others, intending to highlight future expectations. Forward-looking statements involve risks and uncertainties, beyond the company’s control, which could lead to actual results differing from historical experience or current expectations.

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Factors contributing to these risks include potential negative responses from consumers or governmental bodies, changes in consumer preferences or spending behavior, operating expenses, labor costs, supply chain challenges, economic conditions, geopolitical instability, cybersecurity risks, environmental efforts, acquisitions or partnerships, competitive activities, tax regulations, public health events, legal disputes, and more.

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Forward-looking statements are not guarantees of future events and should not be relied upon excessively. Starbucks has no obligation to update or modify these statements based on new information or events.

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