Starbucks [stckqut]SBUX[/stckqut] said it would pay its first-ever dividend, totaling 10 cents a share. The company also increased its share-buyback plan.
The share-buyback will likely help the stock price (as well as the dividend will encourage some people to buy). However, if you are correctly managing your portfolio by avoiding downturns in the stock, it is easy to miss dividend payout dates so be careful in buying this stock JUST for the dividend. You may do better to watch the market movement and minimize your losses when the market drops – foregoing the dividend check.