Starbucks raises quarterly cash dividend

Recognizing its Sixteenth Consecutive Annual Increase SEATTLE--()--October 07, 2026-- Starbucks Corporation (NASDAQ: SBUX) today announced that its Board of Directors has approved an increase in the company's quarterly cash dividend from $0.62 to $0.63 per share of outstanding Common Stock. The increased dividend will be payable in cash on November 27, 2026, to shareholders of record on November 13, 2026. This change reflects 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," said Cathy Smith, chief financial officer. Starbucks Coffee Company first initiated its dividend program in 2010 with a quarterly payout of $0.05 per share and has since grown its dividend at a compound annual growth rate of approximately 17%. This growth underscores the company's long-standing commitment to returning value to shareholders. About Starbucks Since 1971, Starbucks Coffee Company has been committed to responsibly sourcing and roasting high-quality arabica coffee. Today, with a global footprint of more than 41,000 company-operated and licensed coffeehouses and a growing presence in consumer-packaged goods, we are the world's premier purveyor of specialty coffee. Through our unwavering commitment to excellence and our guiding principles, we bring the unique Starbucks Experience to life for every customer through every cup. To share in the experience, please visit us in our coffeehouses or online at about.starbucks.com or Forward-Looking Statements Certain statements contained herein are "forward-looking" statements within the meaning of applicable securities laws and regulations regarding future events and the potential future results of Starbucks Corporation (together with its subsidiaries). They often include words such as "believes," "continues," "expects," "anticipates," "forecasts," "estimates," "intends," "plans," "seeks," or words of similar meaning, or future or conditional verbs, such as "will," "should," "could," "would," "may," "aims," "intends," or "projects," and similar expressions intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. By their nature, forward-looking statements involve risks, uncertainties, and other factors (many beyond our control) that could cause our actual results to differ materially from our historical experience or from our current expectations or projections. Our forward-looking statements, and the risks and uncertainties related thereto, include, but are not limited to, those described under the "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections of the company's most recently filed periodic reports on Form 10-K and Form 10-Q and in other filings with the U.S. Securities and Exchange Commission,