Best Buy Announces Regular Quarterly Cash Dividend

Rhea-AI Summary

The Board of Directors of Best Buy Co., Inc. (NYSE:BBY) has announced a regular quarterly cash dividend of $0.88 per share. This dividend will be payable on October 11, 2022, to shareholders on record as of September 20, 2022. As of July 30, 2022, the company had 225,065,760 common shares outstanding, indicating a solid commitment to returning value to shareholders.

Positive

• Quarterly cash dividend of $0.88 per share declared.
• Dividend payment reflects company confidence and commitment to shareholders.

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 $0.88 per common share. The quarterly dividend is payable on October 11, 2022, to shareholders of record as of the close of business on September 20, 2022. The company had 225,065,760 shares of common stock issued and outstanding as of July 30, 2022.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220830005947/en/

Investor Contact:

Mollie O’Brien

investorrelations@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 has declared a quarterly cash dividend of $0.88 per share.

When will the dividend for BBY be paid?

The dividend will be paid on October 11, 2022.

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

The record date for the dividend is September 20, 2022.

How many shares does Best Buy have outstanding?

As of July 30, 2022, Best Buy had 225,065,760 shares outstanding.