Starbucks Stock To Go Ex-dividend Monday (SBUX)

NEW YORK ( TheStreet) -- The ex-dividend date for Starbucks Corporation (Nasdaq: SBUX) is Monday, May 7, 2012. Owners of shares as of market close today will be eligible for a dividend of 17 cents per share. At a price of $55.55 as of 9:30 a.m. ET, the dividend yield is 1.2%.

The average volume for Starbucks has been 7.3 million shares per day over the past 30 days. Starbucks has a market cap of $43.64 billion and is part of the services sector and leisure industry. Shares are up 23.1% year to date as of the close of trading on Thursday.

Starbucks Corporation purchases and roasts whole bean coffees. It operates 6,705 company-operated stores and 4,082 licensed stores in the United States; and 2,326 company-operated stores and 3,890 licensed stores in Canada, the U.K., China, Germany, Thailand, and internationally. The company has a P/E ratio of 33.5, equal to the average leisure industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Starbucks as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Starbucks Ratings Report.

See our dividend calendar or top-yielding stocks list.
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