BBY

Best Buy a Top Ranked SAFE Dividend Stock With 4.8% Yield (BBY)

Best Buy Inc (Symbol: BBY) has been named to the Dividend Channel ''S.A.F.E. 25'' list, signifying a stock with above-average ''DividendRank'' statistics including a strong 4.8% yield, as well as a superb track record of at least two decades of dividend growth, according to the most recent ''DividendRank'' report.

According to the ETF Finder at ETF Channel, Best Buy Inc is a member of the iShares S&P 1500 Index ETF (ITOT), and is also an underlying holding representing 1.09% of the SPDR S&P Dividend ETF (SDY), which holds $221,646,100 worth of BBY shares.

Best Buy Inc (Symbol: BBY) made the "Dividend Channel S.A.F.E. 25" list because of these qualities: S. Solid return — hefty yield and strong DividendRank characteristics; A. Accelerating amount — consistent dividend increases over time; F. Flawless history — never a missed or lowered dividend; E. Enduring — at least two decades of dividend payments.

The annualized dividend paid by Best Buy Inc is $3.76/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 03/20/2024. Below is a long-term dividend history chart for BBY, which the report stressed as being of key importance.

BBY+Dividend+History+Chart

BBY operates in the Electronics Stores sector, among companies like Vertiv Holdings Co (VRT), and Upbound Group Inc (UPBD).

Top 25 S.A.F.E. Dividend Stocks Increasing Payments For Decades »

Also see:
• RESN Insider Buying
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• AXGT market cap history

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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