Best Buy Announces Regular Quarterly Cash Dividend

Rhea-AI Summary

The Board of Directors of Best Buy Co., Inc. (NYSE:BBY) has declared a quarterly cash dividend of $0.70 per share, set to be paid on January 4, 2022. This dividend is for shareholders on record as of December 14, 2021. As of October 30, 2021, the company had 243,762,453 shares outstanding.

Positive

• Quarterly dividend of $0.70 per share indicates company commitment to returning income to shareholders.
• Dividend payment reflects confidence in the company's financial stability.

Negative

• None.

MINNEAPOLIS--(BUSINESS WIRE)-- The Board of Directors of Best Buy Co., Inc. (NYSE:BBY) has authorized the payment of a regular quarterly cash dividend of $0.70 per common share. The quarterly dividend is payable on January 4, 2022, to shareholders of record as of the close of business on December 14, 2021. The company had 243,762,453 shares of common stock issued and outstanding as of October 30, 2021.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211124005591/en/

Investor Contact:

Mollie O’Brien

mollie.obrien@bestbuy.com

Media Contact:

Carly Charlson

press@bestbuy.com

Source: Best Buy Co., Inc.

FAQ

What is the dividend amount for Best Buy (BBY)?

Best Buy (BBY) has declared a quarterly cash dividend of $0.70 per share.

When will the dividend be paid for Best Buy (BBY)?

The dividend will be paid on January 4, 2022.

What is the record date for Best Buy's dividend?

The record date for the dividend is December 14, 2021.

How many shares does Best Buy have outstanding?

As of October 30, 2021, Best Buy had 243,762,453 shares outstanding.