Over the years, Starbucks has grown into a highly profitable and successful business, and its stock has become a popular investment option for many people. Thomas Hughes talks about why Starbucks stock is hot again, the CEO transition, and the current dividend status. Tune in to hear more about:
• Starbucks has gone through CEO transitions before, but this time the company is taking extra measures to ensure a successful transition.
• The payout ratio is expected to decrease to 50% next year, if the company can work on earnings growth and slow down the pace of future increases.
• Market expectations are high for Starbucks, and the stock could move higher through the end of the year.
Stocks Mentioned in This Episode
Add This Stock to My Watchlist Thomas Hughes, Guest
MarketBeat Contributor, MarketBeat
Thomas got his start with the markets while working as a Chef. In 2005 a chance invitation to attend the seminar “How To Buy And Sell Your Own Stocks” altered his worldview. Soon trading and stocks consumed his every waking moment to the point of excluding all else. Thomas now enjoys a much different lifestyle engaged in his true passion, uncovering great investments.
Laycee Kluin, Host
Digital Marketing Strategist, MarketBeat
As MarketBeat's Digital Marketing Strategist, Laycee helps with the marketing side of tasks including developing email campaigns, running the promotion of the MarketBeat products and exploring social media opportunities. She felt called to the Marketing industry because she enjoys collaborating with people and making connections. The University of Sioux Falls alum majored in Media Studies with minors in Communications and Spanish. Laycee brings a background in Financial Services Marketing.
