Best Buy Announces Regular Quarterly Cash Dividend

Rhea-AI Summary

The Board of Directors of Best Buy Co. (NYSE:BBY) has declared a quarterly cash dividend of $0.92 per common share. This dividend is set to be paid on April 13, 2023, to shareholders who are on record as of March 23, 2023. As of January 28, 2023, Best Buy had 218,183,759 shares outstanding. This dividend announcement reflects the company's ongoing commitment to returning value to its shareholders.

Positive

• Quarterly dividend of $0.92 per share enhances income for shareholders.
• Demonstrates company confidence in its 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 $0.92 per common share. The quarterly dividend is payable on April 13, 2023, to shareholders of record as of the close of business on March 23, 2023. The company had 218,183,759 shares of common stock issued and outstanding as of January 28, 2023.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230302005827/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 amount of the dividend declared by Best Buy (BBY)?

Best Buy has declared a quarterly cash dividend of $0.92 per common share.

When is the dividend payment date for Best Buy (BBY)?

The dividend payment date for Best Buy is April 13, 2023.

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

The record date for Best Buy's dividend is March 23, 2023.

How many shares does Best Buy (BBY) have outstanding?

Best Buy had 218,183,759 shares of common stock outstanding as of January 28, 2023.