Why I Just Bought More Starbucks Stock For The First Time In Years (NASDAQ:SBUX)


Source: seekingalpha.com seekingalpha.com

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Nadya So I’ve owned Starbucks (NASDAQ:SBUX) as a core component of my dividend growth portfolio for years. I began purchasing the stock back in March of 2014. My earliest shares came with a cost basis of $35.26. Today, even with shares down more than 20% from their all-time highs, I’m up more than 164%. Since 2014, Starbucks has paid me roughly $13.50/share in dividends. Those dividends push my total returns up above the 200% threshold. Throughout the last decade, I’ve added to the position many times and today my overall cost basis sits at $51.21. Without a doubt, SBUX has...