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Strategies & Market Trends : Dividend Growth Investing and chit chat. -- Ignore unavailable to you. Want to Upgrade?

To: Haz21 who wrote (1963)	1/16/2022 9:18:28 AM
From: rnsmth	Respond to of 2146

RE: SBUX I think they are at the start of the negotiation process and have not signed any labor agreements / contracts yet.

To: Haz21 who wrote (1963)	1/16/2022 11:54:02 AM
From: chowder	Respond to of 2146

It's too soon to know the effects of unionization on SBUX with so few stores getting approval so far but as we have seen, a number of other locations have applied and I can envision that gaining momentum. I would assume that if SBUX is able to absorb the effects of higher labor costs, then we should expect lower dividend growth rates at best. As to replacing it, I don't know what your objective is. Do you want to stick with the same industry? Do you want the same yield and dividend growth? Do you have something with the same characteristics that you can add to? Everything depends on what it is you want to do. In my case it's not important to stick with discretionary staples and I will be using the proceeds from my SBUX trim to purchase equal amounts in: ABT .. JNJ .. MSFT .. UNH.