Starbucks Corporation (NASDAQ: SBUX) today announced that its Board of Directors has approved a dividend of $0.41 per share of outstanding Common Stock. The dividend will be payable in cash on August 21, 2020 to shareholders of record on August 7, 2020.

About Starbucks

Since 1971, Starbucks Coffee Company has been committed to ethically sourcing and roasting high-quality arabica coffee. Today, with more than 32,000 stores around the globe, the company is the premier roaster and retailer of specialty coffee in the world. Through our unwavering commitment to excellence and our guiding principles, we bring the unique Starbucks Experience to life for every customer through every cup. To share in the experience, please visit us in our stores or online at stories.starbucks.com or www.starbucks.com.

Starbucks Contact, Investor Relations: Durga Doraisamy 206-318-7118 investorrelations@starbucks.com

Starbucks Contact, Media: Reggie Borges 206-318-7100 press@starbucks.com

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