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Is Best Buy Co (BBY) a Safe Bet for Income Investors in Retail Dividend Stocks?
Best BuyBest Buy(US:BBY) Yahoo Financeยท2025-09-25 23:22

Core Insights - Best Buy Co., Inc. (NYSE:BBY) is recognized as one of the top retail dividend stocks to consider for investment [1] - The company has a strong omnichannel strategy, combining physical stores with a robust online presence, and maintains solid partnerships with major vendors like Apple and Samsung [2] Financial Performance - In Q2 2025, Best Buy reported revenue of nearly $9.44 billion, a year-over-year increase from approximately $9.29 billion, reflecting a 1.6% rise in comparable sales, the strongest growth in three years [3] - Online sales contributed significantly to this growth, with a 5% increase noted [3] Dividend Information - Best Buy has consistently rewarded shareholders with increasing dividends for 12 consecutive years, positioning it as a leading dividend stock in the retail sector [4] - The current quarterly dividend stands at $0.95 per share, with a dividend yield of 5.25% as of September 22 [4]