Best Buy (BBY) Increases Dividend 8%
More News related to BBY
- Best Buy Introduces Blue Label(TM): New Process for Developing Products Inspired by Listening to Customers
- Speakeasy's New Bundled Telecom Services Expand Savings for Small Businesses
- UBS Upgrades Best Buy (BBY) to Buy
- New Best Buy Store in Denver Designed From Customer Insight
- Gerard R. Vittecoq to Join Best Buy Board of Directors
More News related to Dividends
- RPM Intl (RPM) Boosts Qtr Dividend to $0.20/Share
- Allscripts Healthcare (MDRX) Sees $5.23/Sh Special Dividend
- Lincoln Financial (LNC) Guides Q3; Cuts Qtr. Dividend by 49% to $0.21/Share
- GE's Imment Says 'We Really Believe The Dividend Is Safe' - Bloomberg
- BCB Bancorp (BCBP) Announces a 20% Increase in Quarterly Cash Dividend
The Board of Directors of Best Buy (NYSE: BBY) announced an increase in the company's quarterly cash dividend to 14 cents per common share, an 8% increase compared with the existing dividend of 13 cents per common share. The change will be effective with the quarterly dividend which, if authorized, would be payable on Oct. 28, 2008, to shareholders of record as of Oct. 7, 2008.
Best Buy paid its first cash dividend in December 2003 and has increased the dividend annually since then. The company had 411,930,013 shares of common stock issued and outstanding as of May 31, 2008.
Best Buy holds its regular meeting of shareholders today at the Best Buy corporate campus in Richfield, Minn.
Related Categories
DividendsStocks Mentioned
-0.56Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
