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Barchart
Ebube Jones

Starbucks Just Hiked Its Dividend by 1.6%. Here’s Why It’s Still Not an Obvious ‘Buy.’

Starbucks (SBUX) is giving investors a small dividend increase ahead of a bigger test. The coffee chain is scheduled to report its fourth-quarter and full-year fiscal 2026 results on Oct. 29, putting its financial progress back in focus.

Before those numbers arrive, management has offered shareholders a modest sign of confidence through a higher quarterly payout. The company, which operates through a global network of more than 41,000 company-operated and licensed coffeehouses, announced a roughly 1.6% dividend increase to $0.63 per share.

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