Best Buy Reports Better-than-Expected Fourth Quarter Results

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Best Buy (BBY) Raises Quarterly Dividend 32.4% to $0.45; 2.5% Yield

March 1, 2018 7:07 AM EST

Best Buy (NYSE: BBY) declared a quarterly dividend of $0.45 per share, or $1.8 annualized. This is a 32.4% increase from the prior dividend of $0.34.

The dividend will be payable on April 12, 2018, to stockholders of record on March 22, 2018, with an ex-dividend date of March 21,... More

Best Buy (BBY) Tops Q1 EPS by 39c, Offers FY19 Guidance, Raises Dividend 32%

March 1, 2018 7:04 AM EST

Best Buy (NYSE: BBY) reported Q1 EPS of $2.42, $0.39 better than the analyst estimate of $2.03. Revenue for the quarter came in at $15.36 billion versus the consensus estimate of $14.49 billion.

Enterprise Comparable Sales Increased 9.0%.

Today, the company announced its Board of Directors approved a 32% increase in the regular quarterly dividend to $0.45 per share, effective immediately, and a share repurchase plan of at... More