Best Buy Announces Regular Quarterly Cash Dividend

Go back to Best Buy Announces Regular Quarterly Cash Dividend

Morgan Stanley Expects Holiday Boost on Best Buy (BBY) Following Industry Slowdown; Reiterates Overweight

November 20, 2015 10:45 AM EST

Morgan Stanley reiterated an Overweight rating on Best Buy (NYSE: BBY), and cut the price target to $37.00 (from $40.00), following the company's 3Q earnings report. EPS came in at $0.41, $0.06 better than consensus. Earnings quality was subpar as gross margin was unexpectedly helped by quasi-temporary warranty... More

Best Buy (BBY) Declares $0.23 Quarterly Dividend; 3% Yield

November 20, 2015 8:00 AM EST

Best Buy (NYSE: BBY) declared a quarterly dividend of $0.23 per share, or $0.92 annualized.

The dividend will be payable on December 31, 2015, to stockholders of record on December 10, 2015, with an ex-dividend date of December 8, 2015.

The annual yield on the dividend is 3... More