Does Starbucks Stock Give Dividends?

Does Starbucks Stock Give Dividends?

Yes — Starbucks Corporation pays cash dividends to common shareholders. In short: does starbucks stock give dividends? Yes. Starbucks (ticker SBUX on NASDAQ) has a board-approved dividend program and typically pays dividends quarterly. This guide explains how Starbucks’ dividend policy works, recent dividend amounts and frequency, important dividend dates, mechanics for receiving payments, taxation basics, metrics investors use to assess dividend safety, and how to find up-to-date dividend information.

As of June 30, 2024, according to Starbucks Investor Relations and recent SEC filings, Starbucks continues to declare and pay regular quarterly dividends. Readers should verify current amounts and dates on Starbucks’ official investor pages or in SEC filings before making any decisions.

HIGHLIGHTS — what you’ll learn by reading on:

• A clear answer to "does starbucks stock give dividends" and how often dividends are paid
• Recent dividend amounts and the typical annualized payout range
• The four key dividend dates and what each means
• How dividends are received, including transfer agent and DRIP information
• Tax treatment basics and metrics for dividend safety
• Where to find up-to-date official dividend data

Company and Stock Overview

Starbucks Corporation operates one of the world’s largest coffeehouse chains. The company is listed on the Nasdaq stock exchange under the ticker SBUX. For income-oriented and total-return investors, a company’s dividend policy matters because dividends are a direct return of cash to shareholders and reflect part of how management allocates capital between reinvestment in the business, share repurchases, debt management, and dividends.

Investors who ask "does starbucks stock give dividends" are typically evaluating two things: (1) whether Starbucks provides a recurring cash return through dividends, and (2) how that dividend fits into Starbucks’ broader capital-allocation strategy. Historically, Starbucks has combined dividends with share repurchases to return capital to shareholders while continuing to invest in store growth, digital channels, and supply-chain improvements.

As of June 30, 2024, Starbucks’ market capitalization was in the general range of around $100 billion (source: major financial-data providers and Starbucks public filings). Daily share trading volume varies but typically measures in the millions of shares traded on active days. For precise, up-to-date market-cap and volume figures, consult a realtime market-data provider or Starbucks’ investor-relations updates.

Dividend Policy

Starbucks’ dividend policy is determined and approved by its Board of Directors. In practice, the company typically:

• Declares dividends on a quarterly basis; and
• Sets dividend amounts subject to the Board’s discretion based on ongoing assessment of the company’s financial performance, cash flows, capital needs, and market conditions.

A direct answer to the question "does starbucks stock give dividends" is that dividends are board-approved and have been paid regularly in recent years. Starbucks has a record of returning cash to shareholders and, in many recent years, increasing its dividend annually. However, dividends are not guaranteed — the Board can change, suspend, or discontinue payments if it deems necessary.

Why the Board’s discretion matters: Even companies with long dividend histories reserve the right to adjust payouts when facing changing economic conditions, business investment needs, or shifts in strategy. Investors tracking dividend income should therefore follow official Starbucks announcements and SEC filings for any changes.

Dividend History and Growth

Starbucks initiated its dividend program several years ago and has raised dividends at multiple points since initiating the program. Historically, investors have tracked Starbucks’ multi-year streak of annual dividend increases as an indicator of management’s commitment to returning capital to shareholders.

To the question "does starbucks stock give dividends": yes — and the company’s historical pattern has been regular quarterly payments with periodic increases. The multi-year pattern of increases (a streak of annual raises) is the type of trend many income-focused investors follow when evaluating dividend growth stocks.

Note: For a precise table of dividend initiation dates and each subsequent increase, consult Starbucks’ Dividend & Stock Split History on its Investor Relations site and its SEC filings (Form 10-K and Form 10-Q), which document the dates and amounts of declared dividends.

Recent Dividend Amounts and Frequency

In recent quarters, Starbucks’ per-share quarterly dividend payments have typically fallen in the range of roughly $0.57 to $0.62 per share per quarter. These quarterly payments produce an annualized dividend in the neighborhood of $2.28 to $2.48 per share based on those ranges. As of June 30, 2024, the most commonly cited recent quarterly payments were approximately in that $0.57–$0.62 range (source: Starbucks Investor Relations and public press releases).

Important points:

• Frequency: Starbucks has historically paid dividends quarterly.
• Annualized dividend: Multiply the most recent declared quarterly dividend by four to estimate the current annualized dividend amount.
• Yield: Dividend yield changes with the share price; the yield equals the annualized dividend divided by the current market price per share.

Because amounts and yields change over time, confirm the exact latest per-share dividend and the date of the announcement through Starbucks’ official investor pages before relying on a specific figure.

Important Dates (Declaration, Ex-dividend, Record, Payable)

Every dividend distribution involves four key dates. Understanding these dates answers practical questions about eligibility and timing:

• Declaration Date: The date the Board of Directors formally announces the dividend amount and the schedule. Shareholders typically learn the dividend amount and the payable date on the declaration date.

• Ex-dividend Date: The date on or after which a buyer of the stock is not entitled to the declared dividend. If you buy the stock on or after the ex-dividend date, you will not receive the upcoming dividend; sellers on the ex-dividend date retain claim to the dividend. To receive the dividend, you must own the shares before the ex-dividend date.

• Record Date: The company’s registry review date used to identify shareholders of record who are eligible to receive the dividend payment. Broker settlement periods affect timing; generally, you must be recorded as a shareholder by the record date to be paid.

• Payable Date (Payment Date): The date when the dividend is actually paid to eligible shareholders, typically by electronic deposit or check.

Practical advice: Because settlement cycles and broker practices vary, prospective buyers who want a specific dividend should confirm the ex-dividend and record dates in the official announcement. Always check Starbucks’ investor press release for exact dates for each declared dividend.

Dividend Mechanics for Shareholders

How you receive Starbucks dividends depends on how your shares are held:

• Registered Shareholder: If your shares are registered directly in your name with the company’s transfer agent (not held through a broker), dividend payments are typically sent or deposited directly by the transfer agent.

• Beneficial Shareholder (Held Through a Broker): If your SBUX shares are held in street name by a brokerage account, the broker is the registered holder and will credit your brokerage account with the dividend on the payable date. The broker handles the collection and forwarding of dividend payments to you.

Key points for both types of holders:

• Dividend timing and payment may appear in your brokerage account on or soon after the payable date.
• If you hold shares in retirement accounts (IRAs, 401(k)s), the account custodian receives and credits dividends according to the account’s rules.

Investors often want to know whether Starbucks supports direct deposit for dividends or a dividend reinvestment plan (DRIP). See the next subsection for transfer-agent and DRIP details.

Transfer Agent and Dividend Reinvestment Plan (DRIP)

Starbucks uses a transfer agent to maintain its shareholder register and facilitate dividend disbursements for registered shareholders. Historically, Starbucks has used a major transfer agent (for example, Computershare) to handle these duties. The transfer agent: (1) records shareholder ownership for registered shares, (2) disburses dividend payments, and (3) manages shareholder correspondence and direct-deposit instructions for dividends.

Dividend Reinvestment Plan (DRIP): Starbucks has offered dividend reinvestment options in the past, but plan specifics — including enrollment eligibility and whether newly issued fractional shares are permitted — can change. Investors asking "does starbucks stock give dividends" and also "can I enroll in DRIP" should note:

• Registered shareholders can often enroll directly through the transfer agent if a DRIP or direct stock purchase plan is available.
• Broker accounts often provide automatic dividend reinvestment features that replicate a DRIP by using cash dividends to purchase additional shares (or fractional shares) on behalf of the shareholder.

To enroll or verify DRIP availability and terms, check Starbucks’ official Investor Relations materials and the transfer agent’s shareholder services information. If you hold shares through a broker, contact your broker to learn about automatic dividend reinvestment options.

Taxation of Dividends

Cash dividends from U.S. corporations like Starbucks are generally taxable to shareholders. Key taxation points to understand:

• U.S. Tax Reporting: Dividends are typically reported to U.S. taxpayers on Form 1099-DIV by the brokerage or transfer agent for the calendar year in which the payments were made.

• Qualified vs. Ordinary Dividends: Some dividends may qualify for preferential long-term capital gains tax rates if they meet certain holding period and other IRS requirements. Dividends that do not meet those requirements are taxed at ordinary income rates.

• International Investors: Non-U.S. investors may be subject to U.S. withholding tax on dividends unless a tax treaty or specific exemption applies.

• Recommendation: Tax rules are complex and depend on residency, account type, and individual circumstances. Consult a qualified tax advisor for personalized tax treatment. This article does not provide tax advice.

Dividend Coverage and Safety

Assessing dividend safety involves looking at several financial metrics:

• Payout Ratio: The payout ratio equals dividends paid divided by net income (or sometimes dividends divided by free cash flow). A moderate payout ratio suggests the company is retaining earnings to reinvest and can sustain dividends through business cycles.

• Free Cash Flow (FCF): Cash available after capital expenditures is a key measure because dividends are paid out of cash. High and stable FCF supports dividend sustainability.

• Operating Cash Flow and Earnings: Trends in operating cash flow and earnings help signal whether the company can maintain dividend levels.

• Balance Sheet Strength: Adequate liquidity and manageable debt levels provide flexibility to continue dividends in downturns.

For Starbucks, investors tracking dividend safety examine the company’s payout ratio (which has often been moderate, frequently in the mid-range rather than extremely high), its free cash flow generation from global operations, and management’s capital allocation statements in quarterly and annual filings. While past dividend increases provide confidence to some investors, no dividend is risk-free; the Board can alter payouts if cash flow or strategic priorities change.

Dividend Yield and Total Return Considerations

Dividend yield is an important but incomplete measure. Yield equals the annual dividend per share divided by the current share price. For example, a $2.40 annual dividend on a $120 stock price implies a 2.0% yield.

When evaluating whether a dividend makes a stock attractive, consider:

• Yield vs. Growth: A relatively low or moderate yield can be acceptable if the company also delivers strong earnings and price appreciation. Conversely, unusually high yields can indicate elevated risk.

• Total Return: An investment’s total return equals income from dividends plus capital gains (price appreciation). For many investors, total return — not yield alone — determines overall performance.

• Dividend Growth: A history of dividend increases can indicate commitment to returning capital; growth in dividends can also offset a lower initial yield over time.

• Reinvestment Effects: Reinvested dividends can compound returns substantially over long periods.

Therefore, do not rely solely on dividend yield when considering Starbucks — look at dividend history, payout sustainability, growth prospects, and total-return expectations.

Comparative Context

To evaluate Starbucks’ dividend policy in context, compare the company’s dividend yield, payout ratio, and dividend-growth history with peers in the consumer discretionary and restaurant sectors and with dividend-focused benchmarks. Key comparison points include:

• Dividend yield relative to major restaurant and consumer-branded peers
• Payout ratio and free-cash-flow coverage versus peers
• Historical dividend-growth rate
• Combined shareholder yield (dividends plus buybacks)

Comparing these metrics helps determine whether Starbucks’ income and growth profile fits a given investment objective. For up-to-date peer data and sector comparisons, consult financial-data providers, Starbucks’ investor presentations, and regulated filings.

How to Find Up-to-Date Dividend Information

Primary authoritative sources for current dividend data include:

• Starbucks’ Investor Relations: Dividend & Stock Split History pages and investor press releases list declared dividends, amounts, and key dates. (As of June 30, 2024, Starbucks’ investor site contained the most recent dividend announcements.)

• SEC Filings: Form 10-Q and Form 10-K filings often mention dividends and capital-allocation policy; material dividend changes are disclosed in press releases and current reports.

• Financial Data Providers: Nasdaq’s company page, major market-data terminals, dividend-tracking services, and reputable data aggregators provide timely quotes, yield calculations, and historical tables.

Always verify the declaration date, ex-dividend date, record date, and payable date from Starbucks’ official press release or a recent SEC exhibit to ensure accuracy before acting on dividend timing or amounts.

Investor Frequently Asked Questions (FAQ)

Q: Does Starbucks pay dividends? A: Yes. Does starbucks stock give dividends? Yes, Starbucks pays board-declared cash dividends, historically on a quarterly schedule.

Q: How often does Starbucks pay dividends? A: Typically quarterly. Check the latest press release for current timing and amounts.

Q: How do I receive Starbucks dividends? A: If your shares are held by a broker, dividends will be credited to your brokerage account on or shortly after the payable date. If you are a registered shareholder, payments come through the transfer agent.

Q: Can I enroll in a dividend reinvestment plan (DRIP)? A: DRIP availability can vary by company and broker. Registered shareholders can often enroll directly with the transfer agent if Starbucks’ plan is available. Most brokers offer automatic dividend reinvestment for brokerage accounts.

Q: Will I be taxed on Starbucks dividends? A: In the U.S., yes — dividends are typically taxable and reported on Form 1099-DIV. Qualified dividend treatment may apply under certain conditions. Consult a tax advisor.

For procedural details (enrollment, transfer-agent contact info, DRIP terms), consult Starbucks’ investor-relations FAQ and the transfer agent’s shareholder services documentation.

References and External Links (sources to verify)

As of June 30, 2024, according to Starbucks Investor Relations and SEC filings, Starbucks has an active dividend program with recent quarterly payments in the approximate range noted above. For verification, consult the following primary sources (no external links provided here):

• Starbucks Corporation — Investor Relations: Dividend & Stock Split History, investor press releases, and shareholder FAQs (official company announcements)
• SEC Filings — Starbucks’ Form 10-Qs, Form 10-Ks, and current reports that disclose dividend declarations and capital-allocation statements
• Major financial-data services and market pages (for realtime market cap, trading volume, and historical dividend tables)

Where possible, rely on the company’s official press release announcing a dividend for the authoritative declaration date, amounts, and schedule. This article is factual and neutral; verify numbers in the primary sources before making decisions.

See Also

• Dividend investing basics
• Dividend reinvestment plans (DRIPs)
• Payout ratio — definition and calculation
• Shareholder yield (dividends + buybacks)
• Sector dividend comparisons (consumer discretionary / restaurant)

Additional Notes and Practical Tips

• When checking "does starbucks stock give dividends", remember the operational realities: dividend eligibility depends on holding dates relative to ex-dividend and record dates, and dividends are subject to Board approval.

• If you seek to trade or hold SBUX for dividend capture, ensure you understand settlement cycles and the tax consequences of short-term trades.

• For investors using crypto and tokenized-stock platforms: if you plan to trade or hold tokenized versions of stock or stock-like products, check the issuer’s mechanics for dividend passthrough and the platform’s regulatory disclosures. For Web3 wallet needs or custody of digital assets related to investment products, consider a secure wallet provider; for trading and custody services related to tokenized assets, explore Bitget platform solutions and Bitget Wallet as available options. Always verify the product structure and whether dividends are passed through to holders.

Further exploration: to stay current on SBUX dividends, subscribe to Starbucks’ investor-relations email alerts, monitor press releases around quarterly earnings, and confirm any dividend changes in the company’s SEC filings.

If you want more detail on dividend metrics, payout-ratio calculations, or step-by-step instructions for enrolling in a DRIP through a transfer agent, say the word — this guide can be expanded with sample calculations and a checklist for dividend-focused investors.

Finally, if your interest is practical action: explore Bitget resources to learn how trading platforms report dividend-like distributions for tokenized or synthetic products and how wallet custody options can affect receipt of corporate payouts. This article provides factual context on Starbucks dividends but does not constitute investment advice.