GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Best Buy Co Inc (NYSE:BBY) » Definitions » 5-Year Dividend Growth Rate
中文

Best Buy Co (Best Buy Co) 5-Year Dividend Growth Rate : 17.10% (As of Jan. 2024)


View and export this data going back to 1987. Start your Free Trial

What is Best Buy Co 5-Year Dividend Growth Rate?

Best Buy Co's Dividends per Share for the three months ended in Jan. 2024 was $0.92.

During the past 12 months, Best Buy Co's average Dividends Per Share Growth Rate was 4.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 18.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 17.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 19.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Best Buy Co was 25.10% per year. The lowest was 4.70% per year. And the median was 17.70% per year.

Best Buy Co's Dividend Payout Ratio for the three months ended in Jan. 2024 was 0.34. As of today, Best Buy Co's Dividend Yield % is 4.96%.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Best Buy Co's 5-Year Dividend Growth Rate

For the Specialty Retail subindustry, Best Buy Co's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Best Buy Co's 5-Year Dividend Growth Rate Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Best Buy Co's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Best Buy Co's 5-Year Dividend Growth Rate falls into.



Best Buy Co 5-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with least square regression.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Best Buy Co  (NYSE:BBY) 5-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Best Buy Co's Dividend Payout Ratio for the quarter that ended in Jan. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jan. 2024 )/ EPS without NRI (Q: Jan. 2024 )
=0.92/ 2.72
=0.34

During the past 13 years, the highest Dividend Payout Ratio of Best Buy Co was 0.58. The lowest was 0.28. And the median was 0.32.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Best Buy Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.9402024-03-202024-03-212024-04-11Cash DividendquarterlyUSD:USD 1.000000
USD 0.9202023-12-112023-12-122024-01-02Cash DividendquarterlyUSD:USD 1.000000
USD 0.9202023-09-182023-09-192023-10-10Cash DividendquarterlyUSD:USD 1.000000
USD 0.9202023-06-142023-06-152023-07-06Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Best Buy Co's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=3.7/74.43
=4.97 %

Current Share Price is $74.43.
Best Buy Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is $3.7.

During the past 13 years, the highest Dividend Yield of Best Buy Co was 5.68%. The lowest was 1.17%. And the median was 2.42%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Best Buy Co 5-Year Dividend Growth Rate Related Terms

Thank you for viewing the detailed overview of Best Buy Co's 5-Year Dividend Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.


Best Buy Co (Best Buy Co) Business Description

Traded in Other Exchanges
Address
7601 Penn Avenue South, Richfield, MN, USA, 55423
With $46.3 billion in consolidated fiscal 2023 sales, Best Buy is the largest pure-play consumer electronics retailer in the U.S., boasting roughly 8.5% share of the U.S. market and north of 35% share of offline sales, per our calculations, CTA, and Euromonitor data. The firm generates the bulk of its sales in-store, with mobile phones and tablets, computers, and appliances representing its three largest categories. Recent investments in e-commerce fulfillment, accelerated by the COVID-19 pandemic, have seen the U.S. e-commerce channel roughly double from prepandemic levels, with management estimating that it will represent a mid-30% proportion of sales moving forward.
Executives
Richard M Schulze 10 percent owner BEST BUY CO INC, 7075 FLYING CLOUD DRIVE, EDEN PRAIRIE MN 55344
Todd G. Hartman officer: GC, Chief Risk/Comp Officer 7601 PENN AVENUE SOUTH, RICHFIELD MN 55423
David C Kimbell director 8410 W. BRYN MAWR, CHICAGO IL 60631
Kathleen Scarlett officer: Chief Human Resources Officer 7601 PENN AVE S, RICHFIELD MN 55423
Jason J Bonfig officer: Chief Merchandising Officer 7601 PENN AVENUE SOUTH, RICHFIELD MN 55423
Matthew M Bilunas officer: Chief Financial Officer C/O BEST BUY CO., INC., 7601 PENN AVENUE SOUTH, RICHFIELD MN 55423
Barry Corie S officer: CFO 7601 PENN AVE S., RICHFIELD MN 55423
Mathew Watson officer: VP, Finance - Contr. & CAO 7601 PENN AVENUE SOUTH, RICHFIELD MN 55423
Damien Harmon officer: Pres., Omnichannel Ops & Serv 7601 PENN AVENUE SOUTH, RICHFIELD MN 55423
Sima Sistani director 675 AVENUE OF THE AMERICAS, 6TH FLOOR, NEW YORK NY 10010
Melinda D Whittington director THREE LAKES DRIVE, NORTHFIELD IL 60093
Deborah Disanzo officer: President, Best Buy Health 7601 PENN AVENUE SOUTH, RICHFIELD MN 55423
Allison Peterson officer: Chief Customer Officer 7601 PENN AVENUE SOUTH, RICHFIELD MN 55423
Brian A Tilzer officer: Chief Digital & Tech Officer CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11
Mark A Irvin officer: Chief Supply Chain Officer 7601 PENN AVENUE, RICHFIELD MN 55423

Best Buy Co (Best Buy Co) Headlines

From GuruFocus

Best Buy Announces Regular Quarterly Cash Dividend

By Business Wire 11-22-2023

Q1 2023 Best Buy Co Inc Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q1 2020 Best Buy Co Inc Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q3 2023 Best Buy Co Inc Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q2 2024 Best Buy Co Inc Earnings Call Transcript

By GuruFocus Research 01-22-2024

Decoding Best Buy Co Inc (BBY): A Strategic SWOT Insight

By GuruFocus Research 12-02-2023

Q4 2020 Best Buy Co Inc Earnings Call Transcript

By GuruFocus Research 01-22-2024