Analysis – Best Buy Co., Inc. Increases Dividend by 21%

BBY

Best Buy Company Incorporated announced a regular quarterly dividend of $0.23 per share, a 21 percent increase from the prior rate of $0.19 per share.  The dividend will be paid at the new higher rate on April 14, 2015 to shareholders of record at close of business on March 24, 2015.

Date Quarterly Dividend
3/24/2015 0.23
12/9/2014 0.19
9/9/2014 0.19
6/10/2014 0.17
3/18/2014 0.17
12/6/2013 0.17
9/6/2013 0.17
6/7/2013 0.17
3/19/2013 0.17
12/7/2012 0.17
9/7/2012 0.17
6/8/2012 0.16
4/17/2012 0.16
12/29/2011 0.16
9/30/2011 0.16
6/30/2011 0.15
4/12/2011 0.15
12/31/2010 0.15
10/1/2010 0.15
7/1/2010 0.14
4/13/2010 0.14

Analysis of Valuation of Best Buy Co., Inc. (Symbol BBY).

Best Buy is trading below its average price/sale (P/S) range. Best Buy is trading below  its average dividend yield range.

Price 3/03/15 % Yield 5 Year Div. Growth Rate SPS 2015 P/S  Ratio 10 yr P/S  Low 10 yr P/S  High 5 yr max Yield % 5 yr lowest Yield %
39.18 2.0% 7.5 121.75 0.28 0.11 0.84 5.85% 1.20%

Best Buy Co., Inc. Dividend Yield Chart (Click to enlarge)

BBY2

Explanation:  Dividend growth stocks may be valued upon historical relative price/sales and current yield analysis. Dividend stocks trading at a low historical price/sales (P/S) ratio should be viewed more highly to investors due to their depressed valuation versus other higher P/S ratio stocks.  Max P/S price target is based upon company reaching its highest historical P/S ratio.  Dividend stocks should also be viewed favorably when the current yield is above historical readings for the past 10 years.

Further information on evaluating dividend growth candidates can be found

at http://seekingalpha.com/author/timothy-mcintosh/articles

One thought on “Analysis – Best Buy Co., Inc. Increases Dividend by 21%

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