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Best Buy Co Inc Stock Dividends Overview

BBY pays dividends quarterly. Last paid amount was $0.94 at Apr 11, 2024. As of today, dividend yield (TTM) is 4.81%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 4.81%
Frequency Quarterly
1Y Growth 2.17%
Payout Ratio 0
Amount Per Share $0.94
Best Buy Co Inc has not yet announced its next dividend date. Last payment date was: Apr 11, 2024.

BBY Dividend Payout History

To ensure a understanding of BBY's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 29, 2024 Mar 20, 2024 Apr 11, 2024 $0.94 1.17%
2 Dec 11, 2023 Dec 11, 2023 Jan 02, 2024 $0.92 1.19%
3 Aug 29, 2023 Sep 18, 2023 Oct 10, 2023 $0.92 1.31%
4 May 25, 2023 Jun 14, 2023 Jul 06, 2023 $0.92 1.14%
5 Mar 02, 2023 Mar 22, 2023 Apr 13, 2023 $0.92 1.26%
6 Nov 22, 2022 Dec 12, 2022 Jan 03, 2023 $0.88 1.09%
7 Aug 30, 2022 Sep 19, 2022 Oct 11, 2022 $0.88 1.38%
8 May 24, 2022 Jun 13, 2022 Jul 05, 2022 $0.88 1.26%
9 Mar 03, 2022 Mar 23, 2022 Apr 14, 2022 $0.88 0.94%
10 Nov 23, 2021 Dec 13, 2021 Jan 04, 2022 $0.700 0.666%

Dividend Sustainability

With a moderate Dividend Sustainability Score (DSS), the company may sustain its dividends, but continuous monitoring is advised for any financial shifts. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.

Sustainability score

Average (82.16%)

Growth potential

Increase likely (59.08%)

BBY Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from BBY dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in BBY stock here.

Comparing BBY to Sector and Country

BBY pays a solid dividend yield of 4.81%, which is higher than the average of the bottom 25% of dividend payers in the US market (0.606%). BBY’s dividend yield is lower than the average of the top 25% of dividend payers in the Consumer Cyclical sector in the US market (6.68%), which means that there are more attractive dividend stocks to consider.

BBY Stock Competitors

Symbol Company Name Market Cap Amount Per Share Dividend Yield (TTM) Payout Ratio (TTM)
BBY
Best Buy Co Inc 15.514B $0.94 4.81% 64.54%

FAQ

What factors can affect the amount of BBY's dividend payments?
The amount of BBY's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in BBY sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from BBY stock be automatically reinvested?
If BBY offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy BBY stock.

How often does BBY pay dividend?
Best Buy Co Inc (BBY) pays dividends quarterly. The most recent payout was on Apr 11, 2024.

How much does BBY pays per share?
The last recorder (Mar 20, 2024) dividend per share was $0.94.

What is BBY dividend growth rate?
Over the last year, Best Buy Co Inc has witnessed growth rate of 2.17% . Looking back over the past 3 years, this growth rate has been 10.33%. Furthermore, examining the past 5 years, Best Buy Co Inc has maintained an average Dividends Per Share Growth Rate of 13.46%.
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About Best Buy Co Inc

Best Buy Co., Inc. retails technology products in the United States and Canada. The company operates in two segments, Domestic and International. Its stores provide computing products, such as desktops, notebooks, and peripherals; mobile phones comprising related mobile network carrier commissions; networking products; tablets covering e-readers; smartwatches; and consumer electronics consisting of digital imaging, health and fitness, home theate... BBY Profile

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StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

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