Best Buy's 6.1% Dividend Yield and 22-Year Streak Look Safe, but Here's the Risk

Best Buy's 6.1% Dividend Yield and 22-Year Streak Look Safe, but Here's the Risk - 24/7 Wall St. S&P 5006,625.20 +0.23% Dow Jones46,625.80 +0.31% Nasdaq 10024,300.20 +0.26% Russell 20002,539.07 +0.07% FTSE 10010,117.80 +1.01% Nikkei 22553,985.50 +1.14% Best Buy (BBY) has raised its dividend for 22 consecutive years with a current yield of 6.1%, supported by an earnings payout ratio of 57.2% and free cash flow coverage of 1.57x, though FCF coverage declined from 1.72x the prior year and fell below 1.0x in FY ...