Is Starbucks Stock a Screaming Buy for Dividend Investors?
There are numerous advantages to dividend-growth investing. But one of the most significant is arguably the fact that the best dividend payers can hand out payout hikes in even the most uncertain environments.
Having upped its dividend for 13 consecutive years, (NASDAQ: SBUX) looks to fit this profile. This raises the question: Should dividend investors buy the stock for their portfolios? Let's examine Starbucks' fundamentals and valuation to figure it out.
With more than 37,000 stores around the world operating under its name, Starbucks is the leading coffee and cold beverage franchise. The company's $116 billion market capitalization dwarfs the $5 billion market value of one of the next biggest coffee franchises, Dutch Bros.
Source Fool.com
Starbucks Corp. Stock
With 35 Buy predictions and 1 Sell predictions Starbucks Corp. is one of the favorites of our community.
With a target price of 96 € there is a slightly positive potential of 13.39% for Starbucks Corp. compared to the current price of 84.66 €.
