Company: Starbucks Corp. (SBUX)
*DRIP Club Members are able to acquire or list a share of a company on the DRIP Exchange Page.
Company Profile: Starbucks is one of the most widely recognized restaurant brands in the world, operating more than 38,000 stores across more than 80 countries as of the end of fiscal 2023. The firm operates in three segments: North America, international markets, and channel development (grocery and ready-to-drink beverage). The coffee chain generates revenue from company-operated stores, royalties, sales of equipment and products to license partners, ready-to-drink beverages, packaged coffee sales, and single-serve products. -Morningstar.com-
Symbol: SBUX
Recent Price: $75.92
Dividends: $2.28
Yield: 3.00%
Sector: Consumer Cyclical
Industry: Restaurants
Address & Company Phone #: 2401 Utah Ave. South Seattle WA 98134, 206-447-1575
Transfer Agent: Computershare 888-835-2866
Moody’s Rating: Baa1
Minimum & Maximum Investment: $50 – $120,000/year
Investment Dates: Weekly
Shares to Qualify: 1 Share or $500
Fees: Div.: < 100 Sh. 6¢/sh. >100 Sh. 5 $3 Max Cash: $5+6¢/sh. Cert: Sells: by Mail, Phone or Internet for $15+12¢/sh.
52 Week High & Low: $115.48, $89.21