A Close Look at Starbucks' Double-Digit Dividend Increase

In the summer of 2018, Starbucks (NASDAQ: SBUX) management said it was sharpening its focus on returning capital to shareholders. The coffee giant committed to buying back more shares and paying higher dividends. Starbucks has followed through on this plan, with its most recent move being another dividend increase.

Another double-digit dividend increase from Starbucks reinforces the stock's attractiveness as a dividend investment. Furthermore, it highlights management's continued prioritization of returning capital to shareholders.

Image source: Starbucks.

Source Fool.com