Starbucks Stock To Go Ex-dividend Tomorrow (SBUX)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- The ex-dividend date for Starbucks Corporation (Nasdaq: SBUX) is tomorrow, May 7, 2013. Owners of shares as of market close today will be eligible for a dividend of 21 cents per share. At a price of $62.12 as of 9:32 a.m. ET, the dividend yield is 1.4%.

The average volume for Starbucks has been 5.1 million shares per day over the past 30 days. Starbucks has a market cap of $45.21 billion and is part of the services sector and leisure industry. Shares are up 15.4% year to date as of the close of trading on Friday.

Starbucks Corporation operates as a roaster, marketer, and retailer of specialty coffee worldwide. As of September 30, 2012, the company operated 9,405 company-operated stores and 8,661 licensed stores. The company has a P/E ratio of 30.6, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Starbucks as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, increase in net income, notable return on equity and good cash flow from operations. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full Starbucks Ratings Report.

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