This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

5 Dividend Stocks Ready to Pay You More

Best Buy

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

The last few years have been a challenging year for Best Buy ( BBY), never mind the stock's explosion in share price this year. BBY is undergoing a transformation -- and it's about time. After all, as the country's biggest electronics retailer, Best Buy has a big target on its back. As the firm works to shake off the threats from online rivals, it's making big strides to fix itself.

>>5 Stocks Under $10 Set to Soar

Until recently, Best Buy was little more than a physical showroom for online competitors. While the convenience benefits of its brick-and-mortar locations were hard to beat, its prices weren't -- especially on big-ticket items that historically offered the biggest margins. The "Renew Blue" turnaround plan aims to change that by boosting web sales, cutting costs at brick-and-mortar locations, and finding margin boosters like services to sell to customers.

Despite the huge benefits of online shopping, for many consumers there's still something to be said for talking to a salesperson and walking out with a product. That fact presents Best Buy's biggest opportunity to de-commoditize its sales experience right now. Margins should expand as BBY does away with earnings drags in its property portfolio. Along the way, investors should expect a boost to BBY's already solid balance sheet.

Currently, Best Buy pays out a 17-cent dividend that adds up to a 2.36% yield. As major concentrated shareholders look to get paid, that number looks likely to get boosted in the next quarter.

5 of 6

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
BBY $38.07 -1.80%
CSCO $27.64 0.73%
GRMN $47.91 -0.46%
PCAR $63.28 -0.27%
RSG $40.56 0.58%


DOW 17,885.86 -90.45 -0.50%
S&P 500 2,076.63 -9.61 -0.46%
NASDAQ 4,923.47 -23.9710 -0.48%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs