Best Buy Announces Regular Quarterly Cash Dividend

Rhea-AI Summary

The Board of Directors of Best Buy (NYSE:BBY) has announced a quarterly cash dividend of $0.70 per common share. This dividend will be payable on October 5, 2021, to shareholders on record as of September 14, 2021. As of July 31, 2021, the company had a total of 247,336,600 shares outstanding.

Positive

• Quarterly dividend of $0.70 per share indicates robust cash flow.
• Dividend payment supports shareholder return strategy.

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 October 5, 2021, to shareholders of record as of the close of business on September 14, 2021. The company had 247,336,600 shares of common stock issued and outstanding as of July 31, 2021.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210825005046/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) in 2021?

Best Buy has declared a dividend of $0.70 per share.

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

The dividend will be paid on October 5, 2021.

What is the record date for Best Buy (BBY) dividend?

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

How many shares are outstanding for Best Buy (BBY)?

As of July 31, 2021, there were 247,336,600 shares of Best Buy outstanding.