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Best Buy Co (BSP:BBYY34) Dividend Yield % : 3.76% (As of Apr. 30, 2024)


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What is Best Buy Co Dividend Yield %?

As of today (2024-04-30), the Trailing Annual Dividend Yield of Best Buy Co is 3.76%.

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

BSP:BBYY34' s Dividend Yield % Range Over the Past 10 Years
Min: 1.17   Med: 2.42   Max: 5.68
Current: 3.76

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%.

BSP:BBYY34's Dividend Yield % is ranked better than
77.68% of 560 companies
in the Retail - Cyclical industry
Industry Median: 2.705 vs BSP:BBYY34: 3.76

Best Buy Co's Dividend Payout Ratio for the three months ended in Jan. 2024 was 0.24.

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.

As of today (2024-04-30), the Forward Dividend Yield % of Best Buy Co is 3.76%.

Best Buy Co's Dividends per Share for the three months ended in Jan. 2024 was R$3.21.

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.

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.


Best Buy Co Dividend Yield % Historical Data

The historical data trend for Best Buy Co's Dividend Yield % 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 Yield % Chart

Best Buy Co Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.58 1.78 2.99 4.17 4.33

Best Buy Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.17 5.07 4.74 5.10 4.33

Competitive Comparison of Best Buy Co's Dividend Yield %

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

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

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



Best Buy Co Dividend Yield % Calculation

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
BRL 3.3790002024-03-202024-03-192024-04-17Cash DividendquarterlyBRL:BRL 1.000000
BRL 3.1690002023-12-112023-12-082024-01-08Cash DividendquarterlyBRL:BRL 1.000000
BRL 3.2510002023-09-182023-09-152023-10-17Cash DividendquarterlyBRL:BRL 1.000000
BRL 4.5990002023-06-142023-06-132023-07-12Cash DividendquarterlyBRL:BRL 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 Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=14.398/383.00
=3.76 %

Current Share Price is R$383.00.
Best Buy Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is R$14.398.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=13.516/383.00
=3.53 %

Current Share Price is R$383.00.
Best Buy Co's Dividends per Share for the forward twelve months is calculated as R$3.379 * 4 = R$13.516.

* 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  (BSP:BBYY34) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, 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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Best Buy Co Dividend Yield % Related Terms

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Best Buy Co (BSP:BBYY34) 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.

Best Buy Co (BSP:BBYY34) Headlines

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