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SEATTLE - Starbucks Corporation (NASDAQ:SBUX) announced a quarterly cash dividend of $0.61 per share of outstanding Common Stock, set to be paid on May 30, 2025, to shareholders of record as of May 16, 2025. This move reflects the company’s ongoing commitment to return value to its shareholders, with a current dividend yield of 2.48%. According to InvestingPro data, Starbucks has maintained dividend payments for 16 consecutive years, demonstrating a strong track record of shareholder returns.
The global coffee giant, with a market capitalization of $112.7 billion and annual revenue of $36.1 billion, operates over 40,000 stores worldwide. Starbucks has a history of ethical sourcing and roasting high-quality arabica coffee, striving to provide a unique experience with every cup served to customers. InvestingPro analysis indicates the stock is currently trading above its Fair Value, with 8 additional exclusive insights available to subscribers.
The forward-looking statements included in the company’s announcement indicate Starbucks’ plans for future business opportunities, expansions, and strategic initiatives. However, these statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. Factors such as consumer preference changes, supply chain issues, global economic conditions, and currency translation impacts are among the potential challenges highlighted. Financial metrics from InvestingPro show the company operates with a moderate level of debt, though short-term obligations currently exceed liquid assets.
Starbucks’ financial performance is heavily dependent on its North American segment and key international markets. The company also outlined the inherent risks of operating globally, including compliance with local laws, labor policies, and potential adverse weather conditions affecting the supply chain. Despite recent market volatility, the stock has delivered a 12.8% total return over the past year, though it has shown weakness in recent weeks.
The company’s forward-looking statements are based on current projections and are not guarantees of future performance. The risks involved and the uncertainties related to these projections are detailed in the company’s most recent filings with the SEC, including the Risk Factors and Management’s Discussion and Analysis of Financial Condition and Results of Operations sections.
This dividend announcement is based on a press release statement from Starbucks Corporation. Shareholders and investors are advised to consider the inherent risks and uncertainties detailed by the company when evaluating its future prospects.
In other recent news, Starbucks Corporation announced several key developments that could impact its future trajectory. The company has appointed Cathy R. Smith as the new Executive Vice President and Chief Financial Officer. Smith brings a wealth of experience from her previous roles at Nordstrom, Bright Health Group, and Target Corporation. Her appointment follows the departure of Rachel Ruggeri, who served nearly two decades with Starbucks.
Additionally, at the 2025 Annual Meeting, all nine director nominees were elected to serve until 2026, and an advisory resolution on executive compensation was approved. However, several shareholder proposals, including those on discrimination risks and human rights, did not pass. Starbucks CEO Brian Niccol introduced the "Back to Starbucks" strategy, focusing on enhancing customer experience and improving store environments. Jefferies maintained its Underperform rating on Starbucks, citing a cautious outlook and setting a price target of $76.00. This rating reflects skepticism about the company’s ability to quickly improve its financial results amid ongoing challenges.
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