Previous close | 52.98 |
Open | 52.98 |
Bid | 56.50 |
Ask | 57.50 |
Strike | 155.00 |
Expiry date | 2025-01-17 |
Day's range | 52.98 - 52.98 |
Contract range | N/A |
Volume | |
Open interest | 2 |
Here's why you can count on each company to continue raising its dividend, and why each dividend stock is worth buying now. Lee Samaha (Caterpillar): It might seem unusual to put forward a highly cyclical company as a dividend candidate. After all, Caterpillar's revenue and earnings will inevitably track the construction, resources, energy, and transportation equipment spending cycles.
SEATTLE, December 01, 2023--Starbucks Corporation (NASDAQ: SBUX) today announced that its Board of Directors has approved a quarterly cash dividend of $0.57 per share of outstanding Common Stock. The dividend will be payable in cash on February 23, 2024, to shareholders of record on February 9, 2024.
Although both McDonald's (NYSE: MCD) and Starbucks (NASDAQ: SBUX) have seen their share prices rise about 50% in the past five years, neither business has produced a better return than the S&P 500, which is up some 65% during the same time. It's hardly a surprise that McDonald's would be thriving during a time of heightened economic uncertainty, high interest rates, and inflationary pressures. Global same-store sales jumped 8.8%, a clear sign that consumers are finding value by choosing to eat at McDonald's locations.