Starbucks

Starbucks is the world's largest coffeehouse chain, operating and licensing tens of thousands of stores globally with a powerful brand and a widely used loyalty and mobile-ordering ecosystem. Its scale and pricing power are strong, though it faces slowing traffic in key markets and an ongoing effort to revitalize the customer experience. Starbucks has raised its dividend for well over a decade, funded by steady cash flow from a vast store base. The yield is moderate and the payout has grown consistently, though softer sales and turnaround spending put more emphasis on execution. It offers a dependable, growing distribution backed by a globally dominant consumer brand.