Starbucks (NASDAQ: SBUX) is set to reward its income-seeking investors with the upcoming dividend payment scheduled for August 29.

The coffee giant has achieved 15 consecutive years of dividend growth with a 7.02% growth rate, though it currently has a payout ratio of 105.65%, meaning it’s paying out more in dividends than its current earnings.

Shareholders who own the stock by the ex-dividend date of August 15, 2025, will receive the next quarterly dividend of $0.61 per share, unchanged from the payout on May 30, 2025.

For investors holding 100 Starbucks shares, this results in a total dividend of $61.

Starbucks stock faces headwinds

Starbucks stock closed at $90.20 on Tuesday, with shares down 2.5% year-to-date and declining 4.08% over the past month. 

The company has struggled this year as weakening U.S. traffic, falling comparable sales, and rising labor and operating costs have pressured margins and dampened growth expectations amid broader economic headwinds.

This was also evident in the company’s latest earnings report. While net revenue of $9.46 billion beat analysts’ estimates, the company’s overall same-store sales fell 2% for the quarter, marking its sixth straight quarterly contraction. 

In North America, comparable-store sales dropped 2%, though China showed improvement with comparable-store sales increasing 2% compared to no growth in the second quarter. 

The company reported adjusted earnings of 50 cents per share, missing estimates of 65 cents, partly due to higher spending on turnaround initiatives including a leadership meeting in Las Vegas that cost 11 cents per share.

Operating margin contracted 650 basis points to 10.1% from the prior year, reflecting the increased investments in the business transformation under Niccol’s leadership.

Featured image via Shutterstock.