Best Buy Announces Regular Quarterly Cash Dividend

Rhea-AI Summary

The Board of Directors of Best Buy Co. (NYSE:BBY) has announced a regular quarterly cash dividend of $0.70 per common share. This dividend will be paid on July 8, 2021, to shareholders on record as of the close of business on June 17, 2021. As of May 1, 2021, there were 250,407,343 shares of common stock outstanding.

Positive

• Quarterly dividend of $0.70 per share announced.
• Demonstrates commitment to returning income to shareholders.

Negative

• None.

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 July 8, 2021, to shareholders of record as of the close of business on June 17, 2021. The company had 250,407,343 shares of common stock issued and outstanding as of May 1, 2021.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210528005049/en/

FAQ

What is the dividend amount for Best Buy Co. (BBY) announced in the recent press release?

The announced dividend amount is $0.70 per common share.

When will the dividend for BBY be paid?

The dividend will be paid on July 8, 2021.

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

The record date for the dividend is June 17, 2021.