As of today (2024-05-10), the Forward Annual Dividend Yield of Best Buy Co is 5.17%.
As of today (2024-05-10), the Trailing Annual Dividend Yield of Best Buy Co is 5.06%.
STU:BUY's Forward Dividend Yield % is ranked better than 76.87% of 562
companies
in the Retail - Cyclical industry
Industry Median: 2.88
vs STU:BUY: 5.17
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.
Competitive Comparison of Best Buy Co's Forward Dividend Yield %
For the Specialty Retail subindustry, Best Buy Co's Forward Dividend Yield %, along with its competitors' market caps and Forward 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 Forward Dividend Yield % Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Best Buy Co's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Best Buy Co's Forward Dividend Yield % falls into.
Best Buy Co Forward 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
USD 0.940000
2024-03-20
2024-03-21
2024-04-11
Cash Dividend
quarterly
USD:EUR 0.920000
USD 0.920000
2023-12-11
2023-12-12
2024-01-02
Cash Dividend
quarterly
USD:EUR 0.917000
USD 0.920000
2023-09-18
2023-09-19
2023-10-10
Cash Dividend
quarterly
USD:EUR 0.937000
USD 0.920000
2023-06-14
2023-06-15
2023-07-06
Cash Dividend
quarterly
USD:EUR 0.923000
* 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 Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
3.4592
/
67.77
=
5.10 %
Current Share Price is €67.77. Best Buy Co's Dividends per Share for the forward twelve months is calculated as €0.8648 * 4 = €3.4592.
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
=
3.41964
/
67.77
=
5.05 %
Current Share Price is €67.77. Best Buy Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is €3.41964.
* 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 (STU:BUY) Forward 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.
Best Buy Co Forward Dividend Yield % Related Terms
Thank you for viewing the detailed overview of Best Buy Co's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
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.
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