Bullish indicating open at $55-$60, IPO prices at $37
SEATTLE - Starbucks Corporation (NASDAQ:SBUX) announced Wednesday that its Board of Directors has approved a quarterly cash dividend of $0.61 per share of outstanding Common Stock.
The dividend will be paid on August 29, 2025, to shareholders of record as of August 15, 2025, according to a company press release.
Starbucks, founded in 1971, has grown to operate more than 40,000 stores worldwide and positions itself as a premier roaster and retailer of specialty coffee globally. With a market capitalization of $105.21 billion, the company trades at a P/E ratio of 33.71, indicating a premium valuation compared to industry peers.
The company’s dividend announcement comes as part of its regular quarterly financial activities. Starbucks has maintained a consistent dividend program as part of its capital return strategy to shareholders.
The coffee chain continues to execute its business strategy amid various market conditions, including its recently announced "Back to Starbucks" plan, though specific details about this initiative were not included in the dividend announcement.
Starbucks shares trade on the Nasdaq stock exchange under the ticker symbol SBUX.
In other recent news, Starbucks reported several significant developments. The company has announced a change in its office work policy, requiring employees at Seattle and Toronto support centers and North American regional offices to work from the office four days a week, up from the previous three-day requirement. This move is part of Starbucks’ broader strategy to enhance its in-store experience and address sales growth challenges amid economic uncertainty. Meanwhile, Melius Research initiated coverage on Starbucks with a Sell rating and a price target of $80, citing concerns over the company’s operational consistency and challenges in the Chinese market. On the other hand, Citi raised its price target for Starbucks to $100, expecting positive results from the Green Apron store implementations. Stifel maintained its Buy rating and increased its price target to $105, highlighting ongoing discussions about selling a stake in Starbucks’ China business. These discussions are seen as a potential strategic move to strengthen Starbucks’ market position in China. Despite these developments, Stifel remains focused on Starbucks’ U.S. turnaround efforts as a key driver for future growth.
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