Best Buy Dividend

Dividend criteria checks 4/6

Best Buy is a dividend paying company with a current yield of 4.59% that is well covered by earnings.

Key information

4.6%

Dividend yield

65%

Payout ratio

Industry average yield1.8%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareUS$5.76
Dividend yield forecast in 3Y5.1%

Recent dividend updates

Best Buy (NYSE:BBY) Is Paying Out A Larger Dividend Than Last Year

Mar 14
Best Buy (NYSE:BBY) Is Paying Out A Larger Dividend Than Last Year

Recent updates

Best Buy (NYSE:BBY) Is Paying Out A Larger Dividend Than Last Year

Mar 14
Best Buy (NYSE:BBY) Is Paying Out A Larger Dividend Than Last Year

Best Buy Q4 Results: Higher Profitability Offset By Continued Topline Softness

Feb 29

Best Buy: Is The ~5% Yield Safe Or Is A Dividend Cut In The Works?

Feb 15

Is There An Opportunity With Best Buy Co., Inc.'s (NYSE:BBY) 37% Undervaluation?

Feb 05
Is There An Opportunity With Best Buy Co., Inc.'s (NYSE:BBY) 37% Undervaluation?

Best Buy: Capital Return Story Attractive With Possible Demand Recovery

Jan 25

Does Best Buy (NYSE:BBY) Have A Healthy Balance Sheet?

Jan 22
Does Best Buy (NYSE:BBY) Have A Healthy Balance Sheet?

The Market Doesn't Like What It Sees From Best Buy Co., Inc.'s (NYSE:BBY) Earnings Yet

Jan 08
The Market Doesn't Like What It Sees From Best Buy Co., Inc.'s (NYSE:BBY) Earnings Yet

At US$76.14, Is Best Buy Co., Inc. (NYSE:BBY) Worth Looking At Closely?

Dec 25
At US$76.14, Is Best Buy Co., Inc. (NYSE:BBY) Worth Looking At Closely?

Best Buy: Don't Get Lumped With This Coal This Christmas

Dec 22

The Returns On Capital At Best Buy (NYSE:BBY) Don't Inspire Confidence

Dec 05
The Returns On Capital At Best Buy (NYSE:BBY) Don't Inspire Confidence

A Best Buy It's Not

Nov 21

Best Buy: The Electronics Store Era Is Coming To An End

Nov 15

We Think Best Buy (NYSE:BBY) Is Taking Some Risk With Its Debt

Oct 23
We Think Best Buy (NYSE:BBY) Is Taking Some Risk With Its Debt

Best Buy: 5% Yield Is At Risk In A Changing World

Oct 10

Best Buy Co., Inc. (NYSE:BBY) Shares Could Be 41% Below Their Intrinsic Value Estimate

Oct 08
Best Buy Co., Inc. (NYSE:BBY) Shares Could Be 41% Below Their Intrinsic Value Estimate

Is Now The Time To Look At Buying Best Buy Co., Inc. (NYSE:BBY)?

Sep 11
Is Now The Time To Look At Buying Best Buy Co., Inc. (NYSE:BBY)?

Best Buy: Remains A Hold Amid Mixed Q2 Results And Industry Headwinds

Sep 08

Capital Allocation Trends At Best Buy (NYSE:BBY) Aren't Ideal

Aug 27
Capital Allocation Trends At Best Buy (NYSE:BBY) Aren't Ideal

Best Buy Offers Great Value And Upside

Aug 07

Is Best Buy Co., Inc. (NYSE:BBY) Trading At A 28% Discount?

Jul 06
Is Best Buy Co., Inc. (NYSE:BBY) Trading At A 28% Discount?

Best Buy's 5% Dividend: High-Yield Haven Or Risky Bet?

Jun 21

Is Best Buy (NYSE:BBY) Using Too Much Debt?

Jun 08
Is Best Buy (NYSE:BBY) Using Too Much Debt?

Best Buy: Bouncing Off The Bottom

May 26

What Is Best Buy Co., Inc.'s (NYSE:BBY) Share Price Doing?

May 24
What Is Best Buy Co., Inc.'s (NYSE:BBY) Share Price Doing?

Best Buy (NYSE:BBY) Might Become A Compounding Machine

May 09
Best Buy (NYSE:BBY) Might Become A Compounding Machine

Best Buy Co., Inc.'s (NYSE:BBY) Intrinsic Value Is Potentially 42% Above Its Share Price

Mar 26
Best Buy Co., Inc.'s (NYSE:BBY) Intrinsic Value Is Potentially 42% Above Its Share Price

Here's Why Best Buy (NYSE:BBY) Can Manage Its Debt Responsibly

Feb 27
Here's Why Best Buy (NYSE:BBY) Can Manage Its Debt Responsibly

At US$87.26, Is Best Buy Co., Inc. (NYSE:BBY) Worth Looking At Closely?

Feb 14
At US$87.26, Is Best Buy Co., Inc. (NYSE:BBY) Worth Looking At Closely?

Best Buy: Q4 Guidance Looks Aggressive

Feb 08

Best Buy (NYSE:BBY) Looks To Prolong Its Impressive Returns

Feb 01
Best Buy (NYSE:BBY) Looks To Prolong Its Impressive Returns

Best Buy: A Brief Look At The Profitability And Efficiency

Jan 28

Why To Hold Best Buy In 2023

Dec 10

What Is Best Buy Co., Inc.'s (NYSE:BBY) Share Price Doing?

Nov 08
What Is Best Buy Co., Inc.'s (NYSE:BBY) Share Price Doing?

Best Buy: Understanding 'Last Man Standing' Bias

Nov 03

Investors Met With Slowing Returns on Capital At Best Buy (NYSE:BBY)

Oct 21
Investors Met With Slowing Returns on Capital At Best Buy (NYSE:BBY)

An Updated View On Best Buy

Sep 25

Best Buy Co., Inc. (NYSE:BBY) is a Value Investors' Dividend Opportunity

Sep 05
Best Buy Co., Inc. (NYSE:BBY) is a Value Investors' Dividend Opportunity

Best Buy declares $0.88 dividend

Aug 31

Best Buy: Key Items To Watch Prior To Upcoming Earnings

Aug 25

Is Now The Time To Look At Buying Best Buy Co., Inc. (NYSE:BBY)?

Aug 02
Is Now The Time To Look At Buying Best Buy Co., Inc. (NYSE:BBY)?

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: BBY's dividends per share have been stable in the past 10 years.

Growing Dividend: BBY's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Best Buy Dividend Yield vs Market
How does BBY dividend yield compare to the market?
SegmentDividend Yield
Company (BBY)4.6%
Market Bottom 25% (US)1.5%
Market Top 25% (US)4.6%
Industry Average (Specialty Retail)1.8%
Analyst forecast in 3 Years (BBY)5.1%

Notable Dividend: BBY's dividend (4.59%) is higher than the bottom 25% of dividend payers in the US market (1.51%).

High Dividend: BBY's dividend (4.59%) is low compared to the top 25% of dividend payers in the US market (4.64%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (64.6%), BBY's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (120%), BBY's dividend payments are not well covered by cash flows.


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