Best Buy (BBY) Declares $0.45 Special Dividend; 1.4% Yield
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/22/2026
- S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- CoreWeave trains DeepSeek-V3 in two minutes in MLPerf benchmark
- Needham Starts NeoVolta (NEOV) at Buy
- Spain's ex-transport minister sentenced to 24 years for corruption
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Best Buy (BBY) Raises Quarterly Dividend 21.7% to $0.28; 3.6% Yield
February 25, 2016 7:06 AM ESTBest Buy (NYSE: BBY) declared a quarterly dividend of $0.28 per share, or $1.12 annualized. This is a 21.7% increase from the prior dividend of $0.23.
The dividend will be payable on April 7, 2016, to stockholders of record on March 17, 2016, with an ex-dividend date of March 15,... More
Best Buy (BBY) Raises Dividend, $1B Buyback Plan, Issues Special $0.45/Share Dividend
February 25, 2016 7:04 AM ESTBest Buy Co., Inc. (NYSE: BBY) today announced that its Board of Directors authorized a plan to return excess capital to shareholders as follows:
A 22% increase in the regular quarterly dividend to $0.28 per share, effective immediately;A new $1 billion share repurchase plan expected to be completed over the next two years; andA special dividend of $0.45 per share, or approximately $145 million; related to the net after-tax proceeds from certain legal settlements and asset disposals.
This plan is... More
Best Buy (BBY) Tops Q4 EPS Views; Issues Light Q1 Outlook; Announces New Capital Return Program
February 25, 2016 7:00 AM EST(Updated - February 25, 2016 7:03 AM EST)
Best Buy (NYSE: BBY) reported Q4 EPS of $1.53, versus the analyst estimate of $1.39. Revenue for the quarter came in at $13.6 billion versus the consensus estimate of $13.61 billion.
Domestic comps rose 13.7 percent, from a 9.7 percent gain in the same period last year.
Hubert Joly, Best Buy chairman and CEO, commented, In the fourth quarter, we delivered Enterprise revenue of $13.62 billion, improved our non-GAAP operating income rate by 10 basis points to 5.9% and delivered a better-than-expected non-GAAP EPS of $1.53 versus $1.48 last year. In our Domestic business, we exceeded our... More
