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Starbucks Corporation (NASDAQ:SBUX) today announced that its Board of Directors has approved an increase in the company's quarterly cash dividend from $0.61 to $0.62 per share of outstanding Common Stock. The increased dividend will be payable on November 28, 2025, to shareholders of record on November 14, 2025. This change reflects an annualized dividend rate of $2.48 per share.
"We remain committed to returning cash to our shareholders while balancing our investments in our long-term growth strategy," said Cathy Smith, chief financial officer. "We continue to be pleased with the progress we are making in our Back to Starbucks initiatives and remain confident that the strategic actions we're taking will drive sustainable long-term growth and healthier profitability."
Starbucks Coffee Company first initiated its dividend program in 2010 with a quarterly payout of $0.05 per share and has since grown its dividend at a compound annual growth rate of approximately 17.5%. This growth underscores the company's long-standing commitment to returning value to shareholders.
Starbucks Coffee Company is planning an investor day in fiscal year 2026, at which it intends to provide further details on its broader capital allocation philosophy.
Posted In: SBUX
