Starbucks' board approved a one-cent quarterly increase to $0.63 per share. Shareholders of record Nov. 13 are scheduled to be paid Nov. 27.
Starbucks began paying a dividend in 2010, at $0.05 per share. On Oct. 7, 2026, its board approved a one-cent increase in the quarterly payment, from $0.62 to $0.63.
The move extends the company's annual dividend-growth streak to 16 years. Independent financial publication Vermögenszentrum also described it as Starbucks' 16th consecutive annual increase in its dividend-growth report.
The increase from $0.62 to $0.63 per quarter is about 1.6% compared with the previous payment.
Shareholders of record on Nov. 13, 2026, are scheduled to receive the higher payment on Nov. 27. At the new rate, the annualized payout is $2.52 per share. That figure multiplies the quarterly payment across a year; it does not promise that future increases will continue at the same pace.
Cathy Smith, Starbucks' chief financial officer, tied the increase to confidence in the company's "Back to Starbucks" strategy and its aim of sustainable long-term growth and value creation. She also cited disciplined execution as support for shareholder returns. An account of Smith's comments likewise connects the increase with the strategy and Starbucks' long-term outlook. The company has not quantified how much of its future growth depends on that strategy.
Starbucks says its dividends have grown at an approximate compound annual rate of 17% since the first payment in 2010. That history puts the latest increase in context, but it is no forecast. The announced change is one cent per quarter, and Starbucks has specified no future payout level.
RTTNews lists Nov. 12, 2026, as the ex-dividend date for this payment. Investors who buy shares on that date or later are not entitled to the announced dividend.
Dividend increases at other companies have also drawn attention to cash distributions. GE HealthCare's payout increase offers another example of a company raising its dividend, but it is not a like-for-like comparison of the businesses. For shareholders, a larger cash payment is one part of a stock's potential return. It does not replace an assessment of the company's prospects or the price paid for its shares.
Founded in 1971, Starbucks says it operates more than 41,000 company-operated and licensed coffeehouses worldwide. Its consumer-packaged-goods presence is also growing. The company's scale gives its strategy weight, but the dividend announcement includes no new sales figures. It offers no new profit figures or cash-flow figures with which to assess execution.
The company cautioned that forward-looking statements carry risks and that actual results may differ from expectations. It identified market dynamics and changing consumer behavior as factors that could affect performance. Brand strategies can also affect results. The company cited supply-chain challenges, along with broader economic conditions, as further risks.
