Best Buy Co (LTS:0R18) Dividend Payout Ratio : 0.75 (As of Oct. 2024)

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What is Best Buy Co Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Best Buy Co's Dividend Payout Ratio for the months ended in Oct. 2024 was 0.75.

The historical rank and industry rank for Best Buy Co's Dividend Payout Ratio or its related term are showing as below:

LTS:0R18' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.28 Med: 0.32 Max: 0.58
Current: 0.57

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.

LTS:0R18's Dividend Payout Ratio is ranked worse than
62.89% of 512 companies
in the Retail - Cyclical industry
Industry Median: 0.41 vs LTS:0R18: 0.57

As of today (2024-12-15), the Dividend Yield % of Best Buy Co is 4.29%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Best Buy Co was 5.68%. The lowest was 1.67%. And the median was 2.60%.

Best Buy Co's Dividends per Share for the months ended in Oct. 2024 was $0.94.

During the past 12 months, Best Buy Co's average Dividends Per Share Growth Rate was 2.70% 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.

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.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Best Buy Co Dividend Payout Ratio Historical Data

The historical data trend for Best Buy Co's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Best Buy Co Dividend Payout Ratio Chart

Best Buy Co Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Dividend Payout Ratio

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0.33

0.28

0.50

0.58

Best Buy Co Quarterly Data
	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.71	0.34	0.78	0.70	0.75

Competitive Comparison of Best Buy Co's Dividend Payout Ratio

For the Specialty Retail subindustry, Best Buy Co's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Best Buy Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Best Buy Co's Dividend Payout Ratio falls into.

Best Buy Co Dividend Payout Ratio Calculation

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

Dividend Payout Ratio	=	Dividends per Share (A: Jan. 2024 )	/	EPS without NRI (A: Jan. 2024 )
	=	3.68	/	6.37
	=	0.58

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

Dividend Payout Ratio	=	Dividends per Share (Q: Oct. 2024 )	/	EPS without NRI (Q: Oct. 2024 )
	=	0.94	/	1.26
	=	0.75

Best Buy Co (LTS:0R18) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Best Buy Co Dividend Payout Ratio Related Terms

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

Best Buy Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Best Buy Co Inc (LTS:0R18) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

BBY:USA BBY:Mexico 1BBY:Italy BUY:Germany BUY:Germany

Address

7601 Penn Avenue South, Richfield, MN, USA, 55423

Website

https://www.investors.bestbuy.com

With $43.5 billion in consolidated 2023 sales, Best Buy is the largest pure-play consumer electronics retailer in the US, boasting roughly 8.3% share of the North American market and north of 33% share of offline sales in the region, 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 US e-commerce channel roughly double from prepandemic levels, with management estimating that it will represent a mid-30% proportion of sales moving forward.

Best Buy Co Headlines

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