Best Buy Co: Dividend Insights
Portfolio Pulse from Benzinga Insights
Best Buy Co (NYSE:BBY) announced a quarterly dividend of 92 cents per share, with the ex-dividend date set for Monday. Shareholders owning BBY stock by the end of Friday are eligible for the dividend, payable on January 2, 2024. The stock is expected to open 92 cents lower on the ex-dividend date.
December 06, 2023 | 2:45 pm
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Best Buy Co (BBY) is set to pay a quarterly dividend of 92 cents per share, with shares expected to open lower by the same amount on the ex-dividend date.
The stock price of Best Buy is likely to decrease in the short term by the amount of the dividend on the ex-dividend date, as the stock price adjusts for the payout. This is a common occurrence and is typically priced in by the market.
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