|Bid||112.04 x 1000|
|Ask||0.00 x 800|
|Day's range||111.78 - 112.91|
|52-week range||71.06 - 118.98|
|Beta (5Y monthly)||0.88|
|PE ratio (TTM)||131.91|
|Earnings date||27 Jul 2021|
|Forward dividend & yield||1.80 (1.61%)|
|Ex-dividend date||11 Aug 2021|
|1y target est||124.37|
SEATTLE, June 23, 2021--Starbucks Corporation (NASDAQ: SBUX) today announced that its Board of Directors has approved a dividend of $0.45 per share of outstanding Common Stock. The dividend will be payable in cash on August 27, 2021 to shareholders of record on August 12, 2021.
The restaurant industry had some of the worst fallout of any sector from the pandemic, and many smaller outfits had to pick up and pack out after they lost sales from long closures. As that happens, the main beneficiaries are going to be large restaurant chains, putting Starbucks (NASDAQ: SBUX) in the limelight. Fortunately for Starbucks, that period is coming to an end in many locales.
Coffee chain Starbucks welcomes back its personal reusable cups. Yahoo Finance’s Brian Sozzi shares the details.