Starbucks Corp. (NASDAQ:SBUX) Director Myron E. Ullman
III sold 12,654 shares of the firm’s stock in a transaction that occurred on
Tuesday, July 26th. The stock was sold at an average price of $58.70, for a
total transaction of $742,789.80. Following the completion of the transaction,
the director now directly owns 26,654 shares of the company’s stock, valued at
$1,564,589.80. The transaction was disclosed in a document filed with the SEC,
which is available at the SEC website.
The firm also recently disclosed a quarterly dividend, which
will be paid on Friday, August 19th. Shareholders of record on Thursday, August
4th will be given a dividend of $0.20 per share. The ex-dividend date is
Tuesday, August 2nd. This represents a $0.80 annualized dividend and a yield of
1.37%.
Source: American Banking and Market News
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