Best Buy Raises Quarterly Dividend to 95c/Shr From 94c

Dow Jones

2025/03/04

By Colin Kellaher

Best Buy's board has nudged up the electronics retailer's quarterly dividend by a penny, to 95 cents a share.

The new payout, equal to $3.80 a year, represents an annual yield of about 4.39% based on Monday's closing price of $86.74.

The Richfield, Minn., company on Tuesday said the increased dividend is payable April 15 to shareholders as of March 25.

Write to Colin Kellaher at colin.kellaher@wsj.com

(END) Dow Jones Newswires

March 04, 2025 08:09 ET (13:09 GMT)

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