Best Buy Stock To Go Ex-dividend Tomorrow (BBY)

NEW YORK ( TheStreet) -- The ex-dividend date for Best Buy (NYSE: BBY) is tomorrow, April 17, 2012. Owners of shares as of market close today will be eligible for a dividend of 16 cents per share. At a price of $22.07 as of 9:30 a.m. ET, the dividend yield is 2.9%.

The average volume for Best Buy has been 6.4 million shares per day over the past 30 days. Best Buy has a market cap of $7.93 billion and is part of the services sector and retail industry. Shares are down 5.7% year to date as of the close of trading on Friday.

Best Buy Co., Inc. operates as a retailer of consumer electronics, home office products, entertainment products, appliances, and related services primarily in the United States, Europe, Canada, and China.

TheStreet Ratings rates Best Buy as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. You can view the full Best Buy Ratings Report.

See our dividend calendar or top-yielding stocks list.
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