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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.

On October 1, 2025, Starbucks Corporation’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’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 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 is focused on roasting, marketing, and the sale of coffee. It is included in Ken Fisher’s Stock Portfolio.

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