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Stock impact report

Dividend Investors: Don't Be Too Quick To Buy Best Buy Co., Inc. (NYSE:BBY) For Its Upcoming Dividend [Yahoo! Finance]

Best Buy Co., Inc. (BBY) 
Last best buy co., inc. earnings: 2/27 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
NYSE:BBY ) is about to go ex-dividend in just four days. The ex-dividend date is one business day before a company's record date, which is the date on which the company determines which shareholders are entitled to receive a dividend. The ex-dividend date is important because any transaction on a stock needs to have been settled before the record date in order to be eligible for a dividend. Therefore, if you purchase Best Buy's shares on or after the 20th of March, you won't be eligible to receive the dividend, when it is paid on the 11th of April. The company's next dividend payment will be US$0.94 per share, on the back of last year when the company paid a total of US$3.76 to shareholders. Looking at the last 12 months of distributions, Best Buy has a trailing yield of approximately 4.9% on its current stock price of US$77.46. If you buy this business for its dividend, you should have an idea of whether Best Buy's dividend is reliable and sustainable. We need to see whether the di Show less Read more
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