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

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- The ex-dividend date for Best Buy (NYSE: BBY) is tomorrow, December 7, 2012. Owners of shares as of market close today will be eligible for a dividend of 17 cents per share. At a price of $12.18 as of 9:30 a.m. ET, the dividend yield is 5.6%.

The average volume for Best Buy has been 7.2 million shares per day over the past 30 days. Best Buy has a market cap of $4.09 billion and is part of the services sector and retail industry. Shares are down 48.3% year to date as of the close of trading on Wednesday.

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

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TheStreet Ratings rates Best Buy as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, poor profit margins, weak operating cash flow and generally high debt management risk. You can view the full Best Buy Ratings Report.

See our dividend calendar or top-yielding stocks list.

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