Starbucks Corp (SBUX)

The Sherwin-Williams property at 3730 Jennings Road in Kalamazoo, Michigan is situated at the intersection of Gull Road and Jennings Drive. Gull Road carries approximately 25,400 vehicles per day. The property benefits from its shadow anchor position adjacent to Menards. Nearby national retailers include ALDI, Walmart, Meijer, Tractor Supply Company, McDonald's, Starbucks, Fifth Third Bank, Walgreens, Applebee's, Taco Bell, Culver's, AutoZone, Dollar Tree, Pet Supplies Plus, T-Mobile, Panera Bread, and Verizon. Ascension Borgess Hospital, a 422-bed medical center, is located minutes from the property and generates a continual flow of traffic to the area. The Borgess Health and Fitness Center is also in close proximity. Approximately 78,000 people live within a five-mile radius of the property. The average household income within three miles exceeds $86,000. The population within one mile is approximately 5,695. Western Michigan University, a major research institution, is located in Kalamazoo and contributes significantly to the local economy. Kalamazoo is positioned approximately halfway between Detroit and Chicago, providing strong regional connectivity.

The Chipotle property at 2302 Thornton Lansing Road in Lansing, Illinois occupies a hard corner position at a signalized intersection along IL-83 and Thornton Road. IL-83 carries approximately 30,000 vehicles per day past the property. Interstate 94, which carries approximately 193,000 vehicles per day, is located just minutes from the site. SR-394, carrying approximately 86,000 vehicles per day, also provides convenient regional access. The property is located within the Chicago-Naperville-Elgin Metropolitan Statistical Area, which ranks as the third-largest MSA in the United States with a population of approximately 9.5 million. Lansing is a village in Cook County, Illinois, situated approximately 25 miles south of downtown Chicago. The population within five miles of the property exceeds 220,000 residents. The average household income within three miles is approximately $94,000. The population within one mile is approximately 12,790 residents across more than 5,100 households. The Chipotle in Lansing, Illinois is surrounded by a strong concentration of national retailers including Walmart Supercenter, Chick-fil-A, Walgreens, McDonald's, Starbucks, Dunkin', Taco Bell, Popeyes, Subway, AutoZone, O'Reilly Auto Parts, Dollar Tree, Planet Fitness, Quest Diagnostics, and AT&T. Thornton Fractional South High School, serving approximately 1,800 students, is located nearby and generates consistent daily traffic. Oak Glen Elementary School and Memorial Junior High School are also in close proximity to the property. Lansing Municipal Airport is located within the village, providing additional commercial activity in the area.

Starbucks has had an impressive run over the past six months as its shares have beaten the S&P 500 by 9.9%. The stock now trades at $102.24, marking a 17.9% ...

Starbucks Corp (NASDAQ: SBUX) shares are trading lower Monday, despite a lack of company-specific news for the session.

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Starbucks Corporation (NASDAQ: SBUX) today announced that its Board of Directors has approved a quarterly cash dividend of $0.62 per share of outstanding Common Stock. The dividend will be payable in cash on August 28, 2026, to shareholders of record on August 14, 2026.

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