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 December 31, 2015, to shareholders of record as of the close of business on December 10, 2015. The company had 344,862,865 shares of common stock issued and outstanding as of October 31, 2015.

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Best Buy Co., Inc.

Investor Contact:

Mollie O’Brien, 612-291-7735

[email protected]

or

Media Contacts:

Amy von Walter, 612-437-5956

[email protected]

or

Jeff Shelman, 612-291-6114

[email protected]

Source: Best Buy Co., Inc.