My next dividend payment from Starbucks, Incorporated (SBUX) will be 44% higher than my first one just one year ago, thanks to two 20% dividend increases in less than a year, and due to dividend reinvestment.
SBUX was just added to my nonPension portfolio last year following the sale of another security. The value of the shares has not moved significantly in the past year, but the dividend payments have gone up significantly.
My average monthly payment from SBUX is still under $1 per month, but the company has the potential to grow dividends in a big way over the next 18 years.
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