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Starbucks Value Stock - Dividend - Research Selection

Starbucks

ISIN: US8552441094 , WKN: 884437

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Description of the company

Starbucks Corporation, together with its subsidiaries, operates as a roaster, marketer, and retailer of specialty coffee worldwide. The company operates in four segments: Americas; China/Asia Pacific; Europe, Middle East, and Africa; and Channel Development. Its stores offer coffee and tea beverages, roasted whole bean and ground coffees, single-serve and ready-to-drink coffee and tea products, and food and snacks; and various food products, such as pastries, breakfast sandwiches, and lunch items. The company also licenses its trademarks through licensed stores, and grocery and foodservice accounts. It offers its products under the Starbucks, Teavana, Tazo, Seattle\'s Best Coffee, Evolution Fresh, La Boulange, Ethos, Frappuccino, Starbucks Doubleshot, Starbucks Refreshers, premium Tazo, and Starbucks VIA brand names. As of November 2, 2017, the company operated 27,339 stores across 75 countries. Starbucks Corporation was founded in 1971 and is based in Seattle, Washington.

The Finanzoo GmbH assumes no liability for the accuracy of the information! All information is provided without warranty. Sources:: www.bundesanzeiger.de, www.sec.gov,


NEWS


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Starbucks Declares Quarterly Cash Dividend

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SEATTLE, March 20, 2024--Starbucks Corporation (NASDAQ: SBUX) today announced that its Board of Directors has approved a quarterly cash dividend of $0.57 per share of outstanding Common Stock. The dividend will be payable in cash on May 31, 2024, to shareholders of record on May 17, 2024.

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Starbucks Labor Negotiations Expected to Take Time

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Starbucks and the Workers United union said they will resume in-person contract talks in late April, but don't expect a quick outcome for locations across the U.S. The coffee chain says that it will be negotiating each store agreement separately and then ratifying the agreements.

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