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

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Best Buy (BBY) PT Raised to $83 at Loop Capital on 1Q18 Beat; 'Strength Across Several Product Categories'

March 1, 2018 4:00 PM EST

Loop Capital raised its price target on Best Buy (NYSE: BBY) to $83.00 (from $80.00) while maintaining a Buy rating, following the company's fourth quarter earnings report.

Analyst Anthony Chukumba notes a positive outlook on the shares, as BBY reported first quarter earnings per share... More

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