Best Buy Co., Inc. (NYSE:BBY) will begin trading ex-dividend on September 14, 2020. The quarterly dividend payment of $ 0.55 per share is scheduled to be paid on October 6, 2020. The dividend yield based on the latest trading day closing price was 2.05 %. To secure the dividend payout, investors must buy the stock prior to the ex-dividend date..
Dividends History
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Best Buy Co., Inc. recently reported second quarter financial results on August 25, 2020, before market open, electronic retailer reported income for the second quarter of $ 1.71 per share, from the revenue of $ 9,910.00 million. The quarterly earnings elevated 58.33 percent while revenues escalated 3.92 percent compared with the same quarter last year.
According to street consensus, BBY was expected to report 2Q21 income of $ 1.08 per share from revenue of $ 9712.23 million. The bottom line results beat street analysts by $ 0.63 or 58.33 percent, at the same time, top line results outshined analysts by $ 197.77 million or 2.04 percent.
Stock Performance
Shares of Best Buy Co., Inc. traded low $ -1.47 or -1.35 percent on Thursday, reaching $ 107.38 with volume of 2.14 million shares. Best Buy Co., Inc. has traded high as $ 110.00 and has cracked $ 107.10 on the downward trend
According to the previous trading day, closing price of $ 107.38, representing a 126.25 % increase from the 52 week low of $ 48.11 and a 8.9 % decrease over the 52 week high of $ 119.48.
The company has a market capital of $ 27.79 billion and is part of the Consumer Cyclical sector and Specialty Retail industry.
Best Buy Co., Inc. operates as a retailer of technology products, services, and solutions in the United States, Canada, and Mexico. The company operates in two segments, Domestic and International.
