Here's How Many Shares of Starbucks Stock You Should Own to Get $1,000 in Yearly Dividends

Group 1 - Starbucks has a market value of $92.6 billion and trades at approximately$ 81.50 per share as of April 18, 2025 [2][4] - The company pays a quarterly dividend of $0.61 per share, totaling$ 2.44 annually, requiring 410 shares to generate $1,000 in annual dividend income [2][4] - The current forward-looking price-to-earnings (P/E) ratio is 28, which is near its five-year average, indicating that the stock is reasonably priced [4] Group 2 - The dividend yield for Starbucks is 3%, calculated by dividing the annual dividend amount by the current stock price [5] - The quarterly dividend has increased from$ 0.57 to $0.61, reflecting a 7% increase last year, and has grown at an average annual rate of 8% over the past five years [5] - If the dividend continues to grow at 7% annually for the next 10 years, the quarterly payout could reach$ 1.20 per share, resulting in nearly $2,000 in annual income from 410 shares [5] Group 3 - The new CEO, Brian Niccol, is implementing a turnaround plan focused on reducing customer wait times and improving overall service [4]