Best Buy Co., Inc. (BBY) has announced a huge 21% increase in its quarterly dividend. As a result of the increase as well as the dividend reinvestment for all securities in my portfolio, the next dividend payment will be 24% higher than the first one, just 9 months before. While the dividend income from BBY has grown very nicely, the price of the stock has grown very nicely as well during the time I have held it.
BBY's stock price is currently about where it was near the end of 2013, which is when this article about BBY's Innovate or Die Retail Strategy was in the spotlight. http://bit.ly/2ldEhIv
No comments:
Post a Comment