Starbucks Plans First Ever Cash Dividend
(MarketWatch) – Starbucks said Wednesday it will pay its first ever cash dividend, part of a new plan to return 35% to 40% of its net income to shareholders in the future.
The move is a sign Starbucks /quotes/comstock/15*!sbux/quotes/nls/sbux (SBUX 25.37, -0.05, -0.18%) will probably not be the high-flying growth company it was during the 1990s when its stores sprouted up all over America.
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