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Thursday 21 November 2024
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Starbucks celebrates its 50th anniversary and declares a quarterly dividend of $0.45

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SEATTLE, US — Starbucks hosted yesterday its annual meeting of shareholders, where senior leadership and partners (employees) from around the world gathered virtually to reflect on the company’s 50-year history. The company announced that its Board of Directors has approved a dividend of $0.45 per share of outstanding Common Stock. The dividend will be payable in cash on May 28, 2021 to shareholders of record on May 13, 2021.

As part of the company’s commitment to be a resource positive company, Starbucks announced a new goal to achieve Carbon Neutral Green Coffee and conserve water usage in green coffee processing by 50 percent by 2030.

This commitment builds on Starbucks work to source coffee responsibly, for the betterment of people and planet, while we also work to empower farmers, improve their livelihoods, and positively impact their communities, all with the aspiration of ensuring a sustainable future of coffee.

Starbucks continues to address the pay gap

Starbucks shared that last year it once again achieved and maintained 100% pay equity by race and gender for similar roles in the U.S., and 100% gender equity in pay in China, Canada, and other company operated global markets including Austria, Great Britain, Italy and Switzerland.

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