Starbucks raises quarterly dividend to $0.63 per share

Starbucks, the Seattle-based coffeehouse chain, has announced a raise in its quarterly dividend from $0.62 to $0.63 per share. The higher payout will be distributed on November 27, 2026, to shareholders who are registered by November 13, 2026. This adjustment brings the annual dividend rate to $2.52 per share, raising the total dividend since the company's inception in 2010.

Starbucks has raised its dividend consistently for 16 years, demonstrating a commitment to long-term growth and value creation through its 'Back to Starbucks' strategy. Cathy Smith, the company's CFO, expressed confidence in the decision, highlighting the company's disciplined execution in achieving sustainable growth.