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Stock Market & Financial Investment News

News Breaks
June 10, 2014
08:01 EDTBBYBest Buy increases dividend 12% to 19c per share
The Board of Directors of Best Buy has approved an increase in the company’s quarterly cash dividend from 17c to 19c per common share, an increase of 12%. The change will be effective with the quarterly dividend which, if authorized, would be payable on October 2 to shareholders of record as of September 11. Hubert Joly, Best Buy president and CEO, remarked, “Our decision to increase the amount of cash we are returning to shareholders is indicative of our improved cash position and our confidence in the cash-generating power of our multi-channel business model.”
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December 10, 2014
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