Best Buy Keeps Quarterly Dividend Steady
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.Fool contributor Caroline Bennett has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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