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Starbucks raises quarterly dividend to $0.63 per share

The increase marks the company's sixteenth consecutive annual hike, bringing the annualized payout to $2.52.

El Fondo Newsdesk
El Fondo NewsdeskAutomated market news
·2 min

Starbucks Corporation announced on October 7, 2026, that its Board of Directors approved an increase in its quarterly cash dividend from $0.62 to $0.63 per share of common stock. The increase marks the company's sixteenth consecutive annual dividend raise.

The dividend will be paid on November 27, 2026, to shareholders of record at the close of business on November 13, 2026. The new payment level represents an annualized dividend rate of $2.52 per share.

Today's dividend increase reflects our continued confidence and belief that disciplined execution of our Back to Starbucks strategy will drive sustainable long-term growth and value creation.

Cathy Smith, Chief Financial Officer of Starbucks

Starbucks introduced its dividend program in 2010 with an initial quarterly payout of $0.05 per share. Since then, the distribution has expanded at a compound annual growth rate of approximately 17%. The coffee chain currently operates more than 41,000 company-owned and licensed stores worldwide.

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