Starbucks Corp. (SBUX) Reinforces Steady Capital Return Strategy with Modest Dividend Hike

Fisher Asset Management holds $1.09 billion worth of Starbucks Corporation (NASDAQ:SBUX) shares, helping it secure a place on our list of billionaire Ken Fisher’s 10 consumer stock picks with the highest upside potential.

Starbucks Corporation (SBUX) Reinforces Steady Capital Return Strategy with Modest Dividend Hike

On October 1, 2025, Starbucks Corporation (NASDAQ:SBUX)’s board approved a quarterly dividend increase from $0.61 to $0.62 per share. The dividend is payable on November 28, 2025.

With this approval, Starbucks Corporation (NASDAQ:SBUX)’s annualized dividend equals $2.48 per share, reflecting the company’s continued commitment to returning capital to shareholders while ensuring long-term growth.

This update follows the company’s $1 billion North American restructuring plan that Starbucks Corporation (NASDAQ:SBUX) announced on September 25, 2025. The plan included the closure of about 1% of company-operated stores. Furthermore, Starbucks laid off nearly 900 non-retail employees under its “Back to Starbucks” transformation. Although the coffee giant is experiencing cost pressures and a six-quarter decline in same-store sales, it remains focused on enhancing operational efficiency and improving profitability.

Operating through company-operated and licensed stores globally, Starbucks Corporation (NASDAQ:SBUX) is focused on roasting, marketing, and the sale of coffee. It is included in Ken Fisher’s Stock Portfolio.

While we acknowledge the potential of SBUX to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than SBUX and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 11 Best Gold Royalty and Small-Cap Gold Stocks to Invest in Now and 11 Best Coal Stocks to Buy According to Hedge Funds.

Disclosure: None.