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During the three-year period 2019-2021, Starbucks paid dividends of $1,761.3, $1,923.5, and $2,119.0 million respectively but did not repay a sizable portion of its debt.
During the three-year period 2019-2021, Starbucks paid dividends of $1,761.3, $1,923.5, and $2,119.0 million respectively but did not repay a sizable portion of its debt. How dividend payments differ from debt payments? Why would Starbucks continue to pay dividends in light of cash demands needed for capital expenditures and debt repayments?
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