Quick Takeaway: While Starbucks is an inspiring story and a well-managed company, potential DRiP investors will need to weigh the pros of investing in one of the best performing stocks over the past four years, with the cons of the company's high fee DRiP plan. We recommend that participants in Starbucks' DRiP plan use electronic funds transfer when making additional cash investments as you will save $3 per investment. Those DRiP plan participants that own more than 100 shares of Starbucks will pay $3.00 plus $0.06/share on reinvested dividends.Starbucks Corporation DRIP Plan Prospectus
|Purchase Fees||$5 + $0.06/share (by check)
$2 + $0.06/share (by EFT)
|Dividend Reinvestment Fee||$0.06/share (if own < 100 shares)
$3 + $0.06/share (if own > 100 shares)
|Discount on Reinvested Dividends||NONE|
|DE Minimum Investment||$500|
|Optional Cash Purchases (OCP)?||Yes|
|OCP Minimum||$50 transaction|
|OCP Purchases Made||Monthly|
|Transfer Agent||BNY Mellon/Computershare|
|Key Dividend Data||2006||2007||2008||2009||2010||2011|
|Cash Flow p/Share||$0.45||$0.33||$0.37||$1.27||$1.43||$.90|
Starbucks Corporation is a roaster, marketer and retailer of specialy coffee. The company purchases and roasts high-quality whole bean coffess that it sells, along with handcrafted coffee and tea beverages and a variety of fresh food items, through company-operated stores. It also sells coffee and tea products and licenses its trademark through other channels suchs as grocery stores and national foodservice accounts.
Fresh-brewed coffess, Italian-style espresso beverages, cold blended beverages, food items, premium teas and beverage-related accessories and equipment.
Next Dividend: Not yet announced
Ex-Date: most likely early April
Record Date: most likely early April
Dividend Paid: most likely mid April
Bank of New York Mellon
P.O. Box 358035
Pittsburgh, PA 15252-8035
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