Best Buy Co., Inc. Announces Regular Quarterly Cash Dividend, Payable on January 3, 2023
November 22, 2022 at 07:00 am EST
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Best Buy Co., Inc. announced its board of directors has authorized the payment of its regular quarterly cash dividend of $0.88 per common share. The quarterly dividend is payable on January 3, 2023, to shareholders of record as of the close of business on December 13, 2022.
Best Buy Co., Inc. specializes in retail distribution of consumer electronic products and entertainment products. The group provides primarily computing products (computers, peripherals, software), hi-fi products (televisions, DVD players, etc.), cameras, mobile phones, audio systems and home appliances (washers, refrigerators, etc.). Net sales break down by area of activity as follows:
- the United States (92.4%): activity insured, at 28/01/2023, through a network of 978 stores distributed by names mainly between Best Buy (925) and Pacific Sales (20);
- Canada (7.6%): 160 stores distributed between Best Buy (127) and Best Buy Mobile (33).
Products are also marketed through Websites (primarily Bestbuy.com, BestBuyMobile.com, GeekSquad.com, MagnoliaAV.com, PacificSales.com, and FutureShop.ca).