Seeking Alpha

Starbucks reports profit above estimates

  • Starbucks (SBUX): Q3 EPS of $0.63 beats by $0.03.
  • Revenue of $3.80B (+13% Y/Y) in-line. (PR)

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Comments (2)
  • Roady26.2
    , contributor
    Comments (241) | Send Message
     
    I was wondering about the div. increase. 24% increase over previous

     

    "The Board of Directors declared a cash dividend of $0.26 per share, payable on November 29, 2013 to shareholders of record as of November 14, 2013. The company also increased its targeted payout ratio to 35% to 45%, demonstrating an ongoing commitment to increasing returns to its shareholders."
    30 Oct 2013, 04:23 PM Reply Like
  • Tradevestor
    , contributor
    Comments (4099) | Send Message
     
    Starbucks' new dividend analysis http://seekingalpha.co...
    31 Oct 2013, 12:47 AM Reply Like
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