Starbucks: A Leader for Dividend Growth Investors
November 22 2021 - 09:09AM
TipRanks
Starbucks (SBUX) is an international coffee retailer. The company
also sells food, snacks, coffee beans, tea, and other related
products. Starbucks is the largest coffee retailer on the planet.
Starbucks stores are corporately run or licensed locations. I am
bullish on SBUX stock. (See Analysts’ Top Stocks on
TipRanks) Promising Dividend, Buybacks In a market seemingly
dominated by high-growth technology companies, Starbucks offers a
chance to diversify one's portfolio with a solid dividend growth
play. Starbucks has grown its dividend for 11 straight years at a
compound annual growth rate (CAGR) of nearly 13%. In 2010, the
company paid $0.52 to common shareholders. In 2021, this figure
grew to $1.
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Starbucks (NASDAQ:SBUX)
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Starbucks (NASDAQ:SBUX)
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