Tech retailer Best Buy is keeping its dividend steady this quarter at $0.17 per share of common stock.
The company has paid this amount to investors since October 2012, after raising it a penny, or 6%, from $0.16. Best Buy's most recent dividend will be payable on Oct. 1 to investors of record as of Sept. 10.
The retailer's annualized dividend amount adds up to $0.68 per share. At the market's close on Aug. 20, Best Buy had a stock price of $34.80, which means its dividend yield currently calculates to 1.9%.
The article Best Buy Keeps Quarterly Dividend Steady originally appeared on Fool.com.
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