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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