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Best Buy (BBY) Dividend Yield, Date & History

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$88.94 +1.34 (+1.53%)
(As of 11:17 AM ET)

Best Buy Dividend Summary

Dividend Yield
4.23%
Annual Dividend
$3.76
Next
Dividend Payment
Jan. 7
Dividend Increase
Track Record
21 Years
Annualized 3-Year
Dividend Growth
18.71%
Dividend Payout Ratio
64.27%

Best Buy (BBY) pays an annual dividend of $3.76 per share, with a dividend yield of 4.23%. The next quarterly payment of $0.94 per share is scheduled for Tuesday, January 7, to investors who own the stock before the ex-dividend date of Tuesday, December 17. BBY has grown its dividend for 21 consecutive years, with an average annual increase of 5.88%. The company currently pays out 64.27% of its earnings and 34.24% of its cash flow as dividends.

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BBY Dividend Payments by Quarter

The chart below displays up to four years of Best Buy's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

BBY Dividend Yield Over Time

The chart below tracks Best Buy's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Best Buy vs. The Competition

Compare Best Buy's annual dividend, yield, and 3-year growth rate with averages for Retail and NYSE companies to evaluate its performance against the market.

TypeBest BuyRetail CompaniesNYSE Companies
Annual Dividend$3.76$0.03$1.52
Dividend Yield4.29%168.52%3.49%
Annualized 3-Year Dividend Growth18.71%27.48%15.58%
Track Record21 years25 years24 years

Best Buy Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings64.27%
Based on This Year's Estimate60.84%
Based on Next Year's Estimate56.37%
Based on Cashflow34.77%

Best Buy Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
11/26/2024quarterly$0.94 - 4.3%12/17/202412/17/20241/7/2025
8/29/2024quarterly$0.94 - 4.28%9/19/20249/19/202410/10/2024
5/30/2024quarterly$0.94 - 5.23%6/20/20246/20/20247/11/2024
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2/29/2024quarterly$0.94+$0.02
2.17%
4.72%3/20/20243/21/20244/11/2024
11/21/2023quarterly$0.92 - 5.4%12/11/202312/12/20231/2/2024
8/29/2023quarterly$0.92 - 4.97%9/18/20239/19/202310/10/2023
5/25/2023quarterly$0.92 - 5.32%6/14/20236/15/20237/6/2023
3/2/2023quarterly$0.92+$0.04
4.55%
4.46%3/22/20233/23/20234/13/2023

This table shows Best Buy's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Best Buy Dividend - Frequently Asked Questions

The current dividend yield for Best Buy is 4.29%. Learn more on BBY's dividend yield history.

The annual dividend for BBY shares is $3.76. Learn more on BBY's annual dividend history.

Best Buy pays quarterly dividends to shareholders.

Best Buy's next quarterly dividend payment of $0.94 per share will be made to shareholders on Tuesday, January 7, 2025.

Best Buy's most recent quarterly dividend payment of $0.94 per share was made to shareholders on Thursday, October 10, 2024.

Best Buy's next ex-dividend date is Tuesday, December 17, 2024.

Best Buy's most recent ex-dividend date was Thursday, September 19, 2024.

Over the past three years, the company's dividend has grown by an average of 18.71% per year.

Best Buy has increased its dividend for the past 21 consecutive years.

The most recent change in the company's dividend was an increase of $0.02 on Thursday, February 29, 2024.

The dividend payout ratio for BBY is:
  • 64.27% based on the trailing year of earnings
  • 60.84% based on this year's estimates
  • 56.37% based on next year's estimates
  • 34.77% based on cash flow

Best Buy's dividend yield of 4.32% is lower than the average Retail/Wholesale company that issues a dividend. The company's 21 consecutive years of dividend growth indicate that the company has a strong committment to maintain and grow its dividend. Best Buy's dividend payout ratio of 64.27% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate Best Buy stock as a Moderate Buy, forecasting growth opportunities and potential value appreciation.


This page (NYSE:BBY) was last updated on 12/16/2024 by MarketBeat.com Staff
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