Best Buy (BBY) Raises Quarterly Dividend 21.1% to $0.23; 2.4% Yield
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Best Buy (BBY) Target Lifted to $45 at SunTrust Robinson Humphrey Post Q4
March 4, 2015 7:11 AM ESTSunTrust Robinson Humphrey analyst David Magee lifted his price target on Best Buy (NYSE: BBY) to $45.00 (from $43.00) and maintained a Buy rating following Q4 results.
Magee commented, "4Q EPS of $1.48 beat estimates, as management achieved its goal of gaining market share while... More
Best Buy (BBY) Declares $0.51 Special Dividend; 1.3% Yield
March 3, 2015 7:04 AM ESTBest Buy (NYSE: BBY) declared a special dividend of $0.51 per share.
The dividend will be payable on April 14, 2015, to stockholders of record on March 24, 2015.
The annual yield on the dividend is 1.3 percent.
For a dividend history and other dividend-related data on Best Buy (BBY) click here.
... MoreBest Buy (BBY) Tops Q4 EPS by 13c; Domestic Comps Rose 2%
March 3, 2015 7:03 AM ESTBest Buy (NYSE: BBY) reported Q4 EPS of $1.48, $0.13 better than the analyst estimate of $1.35. Revenue for the quarter came in at $14.21 billion versus the consensus estimate of $14.35 billion.
Domestic comps rose 2 percent and international comps fell 4 percent.
Hubert Joly, Best Buy president and CEO, commented, In the fourth quarter, our teams delivered positive comparable sales, improved profitability and continued progress in our Renew Blue transformation. This resulted in a 1.3% increase in revenue to... More
