Starbucks Corporation Dividends
The next dividend date for Starbucks Corporation has not yet been scheduled.
What is a Dividend Date
When we talk about a dividend date, we’re referring specifically to the ex-dividend date.
This is the date on which all stockholders will earn a dividend. Technically, a person needs to be the owner of a share of stock as of the night before the ex-dividend date in order to earn the dividend.
The ex-dividend date is different than the date when the dividend is issued. Although you earn a dividend on the ex-dividend date, that dividend is typically not disbursed to your account until several weeks later.
Most brokerages will automatically credit the dividend to your account once it’s issued.
Historical Dividends for Starbucks Corporation (SBUX)
More About Starbucks Corporation
Whether you are trying to fuel your day or your portfolio this might be the stock for you. The world-renowned frappuccinos house knows how to brew up an ideal recipe for growth. Its business has become a global sensation with over 35,000 locations in 84 countries. Its innovative app has drawn Wall Street's attention as customers currently hold over $2 billion worth of deposits on their platform—that’s a lot of lattes.
Owning Starbucks Corporation Stock on the Dividend Date
If you own Starbucks Corporation stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Starbucks Corporation stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Starbucks Corporation stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Starbucks Corporation stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Starbucks Corporation dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Owning Starbucks Corporation Options on the Dividend Date
Unlike the stock price, which will normally have an abrupt decrease by the amount of the dividend on the ex-dividend date, option prices typically do not reflect the same phenomenon.
The reason is that in the time leading up to the ex-dividend date, that projected drop in Starbucks Corporation stock price from the dividend is already baked into Starbucks Corporation option prices.
That means the prices of call options that overlap the Starbucks Corporation ex-dividend date typically go down in the period leading up to the ex-dividend date.
The prices of put options that overlap the Starbucks Corporation ex-dividend date typically go up in the period leading up to the ex-dividend date.
Owners of Starbucks Corporation call options do not receive the dividend, even if they own the options on the ex-dividend date. Owners of Starbucks Corporation put options are not responsible to pay the dividend, even if they own the options on the ex-dividend date.
Learning More Starbucks Corporation Dividends
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