SmarterDividends
BBY

Best Buy (BBY) Dividend

21 yrs growth

Best Buy Co., Inc. · Consumer Cyclical · Specialty Retail · quarterly payer

$100.46

Fairly valued · -11% Add to Portfolio

As of Nov 5, 2026, Best Buy (BBY) pays a quarterly dividend of $0.96 per share, or $3.84 a year, a 3.79% yield at its $100.46 share price. It pays every quarter, usually in January, April, July and October. It has raised its dividend 21 years in a row and has a dividend safety grade of A.

Forward Yield

3.79%

Annual Dividend

$3.84

Payout Ratio

64%

5-Yr Growth

11.6%

Ex-Date

Sep 17, 2026

Frequency

Quarterly

Key facts about BBY's dividend

Data as of · Source: SmarterDividends data

  • As of Nov 5, 2026, Best Buy Co., Inc. (BBY) has a forward dividend yield of 3.79%, based on an annual dividend of $3.84 per share and a share price of $100.46.
  • As of Nov 5, 2026, BBY's dividend safety grade from SmarterDividends is A (90 out of 100), which rates the dividend as very safe.
  • By SmarterDividends' count, Best Buy Co., Inc. (BBY) has raised its dividend for 21 consecutive years as of Nov 5, 2026.
  • BBY has never cut its regular dividend in the payment history SmarterDividends has on record.
  • BBY's most recent ex-dividend date was Sep 17, 2026, for a dividend of $0.96 per share.
  • As of Nov 5, 2026, BBY pays out 64% of its trailing 12-month earnings as dividends (its payout ratio).
  • BBY's dividend has grown at an average rate of 11.6% a year over the past five years.
  • As of Nov 5, 2026, BBY's 3.79% yield is 10% below its five-year average yield of 4.22%.
  • As of Nov 5, 2026, SmarterDividends' blended fair-value estimate for BBY is $89.71 per share, 11% below the $100.46 share price, so BBY screens as fairly valued.
  • Best Buy Co., Inc. (BBY) pays its dividend quarterly, 4 times a year.
  • Best Buy Co., Inc. (BBY) has raised its regular dividend 21 times and cut it 0 times across the 93 payments on record since 2003. Its most recent change was a 1.1% increase to $0.960 per share, going ex-dividend on Mar 24, 2026.
  • Best Buy (BBY) has declared its first higher dividend of the year in March in 3 of the last 5 years; its most recent raise, 1.1%, was declared on Mar 3, 2026.
Cite this page

SmarterDividends, "BBY Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 5, 2026, https://smarterdividends.com/stocks/BBY

Is BBY a good dividend stock?

Yes

Best Buy Co., Inc. (BBY) pays a quarterly dividend yielding 3.79% ($3.84/yr), with 21 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • 21 consecutive years of dividend growth
  • Never cut its dividend on record
  • Strong 11.6% 5-yr dividend growth
  • Top-tier dividend safety score

Risks

  • Share price is down over the past 5 years

Key Data

Dividend Yield
3.79%
Payout Ratio
64%
Annual Dividend
$3.84
5-Yr Avg Growth
11.6%
Ex-Dividend Date
Sep 17, 2026
Years of Growth
21
Frequency
quarterly
Beta
1.21
Market Cap
$21.1B
P/E Ratio
16.7
5-Yr Total Return
-10%
52-Week Range
$55.10 – $100.58
Dividend Safety
A · 90/100
Ever Cut?
No

BBY dividend raises and cuts

Best Buy Co., Inc. (BBY) has raised its regular dividend 21 times and cut it 0 times across the 93 payments on record since 2003. Its most recent change was a 1.1% increase to $0.960 per share, going ex-dividend on Mar 24, 2026.

Ex-dateChangeOld → newMove
Mar 24, 2026Raise$0.950 → $0.960+1.1%
Mar 25, 2025Raise$0.940 → $0.950+1.1%
Mar 20, 2024Raise$0.920 → $0.940+2.2%
Mar 22, 2023Raise$0.880 → $0.920+4.5%
Mar 23, 2022Raise$0.700 → $0.880+25.7%
Mar 17, 2021Raise$0.550 → $0.700+27.3%
Mar 18, 2020Raise$0.500 → $0.550+10.0%
Mar 19, 2019Raise$0.450 → $0.500+11.1%
Mar 21, 2018Raise$0.340 → $0.450+32.4%
Mar 20, 2017Raise$0.280 → $0.340+21.4%
Jun 10, 2016Raise$0.230 → $0.280+21.7%
Jun 9, 2015Raise$0.190 → $0.230+21.1%
Show all 21 changes since 2004
Ex-dateChangeOld → newMove
Sep 9, 2014Raise$0.170 → $0.190+11.8%
Sep 7, 2012Raise$0.160 → $0.170+6.3%
Sep 30, 2011Raise$0.150 → $0.160+6.7%
Oct 1, 2010Raise$0.140 → $0.150+7.1%
Oct 3, 2008Raise$0.130 → $0.140+7.7%
Oct 4, 2007Raise$0.100 → $0.130+30.0%
Sep 29, 2006Raise$0.0800 → $0.100+25.0%
Sep 30, 2005Raise$0.0733 → $0.0800+9.1%
Oct 4, 2004Raise$0.0667 → $0.0733+10.0%
Every BBY payment →Download every raise and cut (CSV)
BBY ex-dividend date & scheduleNext ex-date Sep 17, 2026 · full ex-dividend historyView →BBY dividend historyEvery payment, totals by year, raises and cutsView →BBY dividend calculator100 shares pay $384.00 a year, $96.00 each quarterCalculate →BBY total return calculatorWhat $10,000 became, with dividends reinvested or taken as cashSee →

Frequently Asked Questions

Is BBY a good dividend stock?

Yes. Best Buy Co., Inc. (BBY) pays a quarterly dividend yielding 3.79% ($3.84/yr), with 21 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Is BBY undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, BBY's fair value is about $89.71 versus a $100.46 share price — so it looks fairly valued (-11% vs. fair value).

Is BBY's dividend safe?

BBY has a dividend-safety grade of A (90/100), based on its payout coverage, free-cash-flow, 21-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is BBY's fair value?

Our blended fair-value estimate for BBY is about $89.71 per share, about 11% below the current $100.46 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is BBY a buy, hold, or sell?

We don't issue formal ratings, but on the data BBY screens as "yes" and fairly valued. Best Buy Co., Inc. (BBY) pays a quarterly dividend yielding 3.79% ($3.84/yr), with 21 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.

Will BBY cut its dividend?

BBY earns a dividend-safety grade of A (90/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does BBY pay a dividend?

Yes. Best Buy Co., Inc. pays a quarterly dividend of about $3.84 per share annually, a forward yield of roughly 3.79%.

How much dividend does 100 shares of BBY pay?

At $3.84 per share a year, 100 shares of BBY pay $384.00 a year in dividends before tax, about $96.00 each quarter. Buying them costs about $10,046 at the Nov 5, 2026 price.

What is BBY's dividend yield?

As of Nov 5, 2026, BBY's forward dividend yield is 3.79%, based on a $3.84 annual dividend and a $100.46 share price.

What is BBY's dividend per share?

As of Nov 5, 2026, BBY pays $3.84 per share per year, distributed on a quarterly basis.

What is BBY's dividend payout ratio?

As of Nov 5, 2026, BBY's payout ratio is 64% of trailing 12-month earnings — a moderate level that's generally sustainable.

How many years has BBY grown its dividend?

As of Nov 5, 2026, BBY has increased its dividend for 21 consecutive years.

When is the next BBY ex-dividend date?

As of Nov 5, 2026, BBY's next ex-dividend date hasn't been announced. The most recent was Sep 17, 2026, for $0.96 per share.

Income Calculator

At $3.84 / yr per share

Per payment (quarterly)$96.00
Annual$384.00
Monthly avg$32.00
Full BBY dividend calculator →

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