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 $0.23 per common share. The quarterly dividend is payable on October 6, 2015, to shareholders of record as of the close of business on September 15, 2015. The company had 344,258,055 shares of common stock issued and outstanding as of August 1, 2015.

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Best Buy Co., Inc.

Investor Contact:

Mollie O'Brien, 612-291-7735

Investor Relations

[email protected]

or

Media Contacts

Amy von Walter, 612-437-5956

Public Relations

[email protected]

or

Jeff Shelman, 612-291-6114

Public Relations

[email protected]

Source: Best Buy Co., Inc.