Money and Finance
Starbucks Corporation (NASDAQ:SBUX) is a Dividend Challenger with 6 consecutive years of dividend growth. The future growth prospects for this company are phenomenal with high-single-digit same-store sales growth and plans to open 1,800 additional stores during 2016. Management is even testing alcohol sales in select locations to make additional use of the existing stores to increase profit per store even more.
Since I initiated a position in the company back in April 2014, Starbucks has been the top performer for my portfolio as judged by internal rate of return. The current yield is a bit low for many dividend growth investors, but the growth more than makes up for it. Thus far, my dividend income from Starbucks has increased over 50%, thanks to consistently high dividend growth.
There's a lot to like about Starbucks the business. However, Starbucks the stock doesn't look intriguing to me at the current price levels. Identifying excellent companies is easier than finding them trading at excellent valuations. However, that doesn't mean that you have to ignore the company and hope for a market selloff before initiating a position.
Continue reading the article on Seeking Alpha.
Image source
- Visa Inc.: Cash Is King, But Credit's Good Too
Visa Inc. (NYSE:V) is a wonderful company that few can argue about its quality as a company. The business model is excellent. Just charge merchants a percentage of every transaction with no liability for the customers' ability to pay. It's essentially...
- Bargain Hunting With Ross Stores, Inc.
I'm always on the lookout for excellent companies with a long growth trends in front of them. Ross Stores, Inc. (NASDAQ:ROST) fits that bill but are the shares currently priced for perfection? Ross Stores is a discount retailer that offers consumers...
- Dividend Growth Checkup
As part of my annual review process for my portfolio, I read through the latest quarterly or annual reports for the companies I own, as well as checked up on the organic dividend growth for each position and for the portfolio as a whole. The dividend...
- Did I Really Buy A Company For 470 Times Earnings?
This morning I initiated a new position in Starbucks (SBUX) by purchasing 28 shares for $70.51 each. Based on the TTM earnings per share of $0.15, that's a whopping 470 P/E ratio. While I think Starbucks still has a lot of room left to grow, I...
- Starbucks (sbux) Dividend Stock Analysis
I've been trying to take a look at some of the next potential dividend growth champions that can string off a 40+ year record such as Johnson & Johnson or Coca-Cola or Proctor & Gamble. I want the core of my portfolio to be made up of the...
Money and Finance
Calling All Starbucks Lovers
Since I initiated a position in the company back in April 2014, Starbucks has been the top performer for my portfolio as judged by internal rate of return. The current yield is a bit low for many dividend growth investors, but the growth more than makes up for it. Thus far, my dividend income from Starbucks has increased over 50%, thanks to consistently high dividend growth.
There's a lot to like about Starbucks the business. However, Starbucks the stock doesn't look intriguing to me at the current price levels. Identifying excellent companies is easier than finding them trading at excellent valuations. However, that doesn't mean that you have to ignore the company and hope for a market selloff before initiating a position.
Continue reading the article on Seeking Alpha.
You can check out more of my stock and valuation analyses on my Stock Analysis page.
Image source
- Visa Inc.: Cash Is King, But Credit's Good Too
Visa Inc. (NYSE:V) is a wonderful company that few can argue about its quality as a company. The business model is excellent. Just charge merchants a percentage of every transaction with no liability for the customers' ability to pay. It's essentially...
- Bargain Hunting With Ross Stores, Inc.
I'm always on the lookout for excellent companies with a long growth trends in front of them. Ross Stores, Inc. (NASDAQ:ROST) fits that bill but are the shares currently priced for perfection? Ross Stores is a discount retailer that offers consumers...
- Dividend Growth Checkup
As part of my annual review process for my portfolio, I read through the latest quarterly or annual reports for the companies I own, as well as checked up on the organic dividend growth for each position and for the portfolio as a whole. The dividend...
- Did I Really Buy A Company For 470 Times Earnings?
This morning I initiated a new position in Starbucks (SBUX) by purchasing 28 shares for $70.51 each. Based on the TTM earnings per share of $0.15, that's a whopping 470 P/E ratio. While I think Starbucks still has a lot of room left to grow, I...
- Starbucks (sbux) Dividend Stock Analysis
I've been trying to take a look at some of the next potential dividend growth champions that can string off a 40+ year record such as Johnson & Johnson or Coca-Cola or Proctor & Gamble. I want the core of my portfolio to be made up of the...