Featured MNV Articles:
More articles: 1 2 3 4 5 6 7 next »
|Top Buys by Top Brass: Chief Human Resources Officer Allen's $108.4K Bet on M
Thursday, November 20, 2:02 PM ET, by Market News Video Staff
A company's own top management tend to have the best inside view into the business, ...
Thursday Sector Leaders: Energy, Services
Thursday, November 20, 2:42 PM ET, by Market News Video Staff
Looking at the sectors faring best as of midday Thursday, shares of Energy companies are ...
RSH January 2015 Options Begin Trading
Wednesday, November 26, 11:03 AM ET, by Market News Video Staff
Investors in RadioShack Corp. (RSH) saw new options become available today, for the January 2015 ...
Commit To Buy hhgregg At $6, Earn 21.4% Annualized Using Options
Wednesday, November 26, 11:36 AM ET, by Market News Video Staff
Investors eyeing a purchase of hhgregg Inc (HGG) shares, but tentative about paying the going ...
Best Buy Becomes #68 Most Shorted S&P 500 Component, Replacing Dun & Bradstreet
Wednesday, November 26, 4:34 PM ET, by Market News Video Staff
The most recent short interest data has been released by the NASDAQ for the 11/14/2014 ...
BBY Dividend Yield Pushes Past 2%
By Dividend Channel Staff, Monday, June 6, 4:41 PM ET
In trading on Monday, shares of Best Buy Inc (NYSE:BBY) were yielding above the 2% mark based on its quarterly dividend (annualized to $0.60), with the stock changing hands as low as $29.88 on the day. Dividends are particularly important for investors to consider, because historically speaking dividends have provided a considerable share of the stock market's total return. To illustrate, suppose for example you purchased shares of the S&P 500 ETF (SPY) back on 12/31/1998 — you would have paid $123.31 per share. Fast forward to 12/31/2010 and each share was worth $125.75 on that date, a mere $2.44 or 2% increase over all those years. But now consider that you collected a whopping $20.53 per share in dividends over the same period, increasing your return to 18.6%. Even with dividends reinvested, that only amounts to an average annual total return of about 1.4%; so by comparison collecting a yield above 2% would appear considerably attractive if that yield is sustainable. Best Buy Inc (NYSE:BBY) is an S&P 500 company, giving it special status as one of the large-cap companies making up the S&P 500 Index.
In general, dividend amounts are not always predictable and tend to follow the ups and downs of profitability at each company. In the case of Best Buy Inc, looking at the history chart for BBY below can help in judging whether the most recent dividend is likely to continue, and in turn whether it is a reasonable expectation to expect a 2% annual yield.
|BBY Dividend History|
|* Data may be adjusted for splits; we are not responsible for data errors; always verify data with the company.|
According to the ETF Finder at ETF Channel, BBY makes up 2.59% of the Retail HOLDRS ETF (AMEX:RTH) which is trading lower by about 0.9% on the day Monday.
See what other ETFs contain BBY »
See what other stocks are held by RTH »
BBY operates in the Electronics Stores sector, among companies like hhgregg Inc (NYSE:HGG) which is off about 1.5% today, and RadioShack Corp. (RSH) trading lower by about 2.8%. Below is a three month price history chart comparing the stock performance of BBY, versus HGG and RSH.
Free Trial: ''ETF CHANNEL FLEXIBLE GROWTH INVESTMENT PORTFOLIO''
The ETF Channel Flexible Growth Investment Portfolio is designed to seek growth for investors —
anywhere and everywhere. The key to the program is our portfolio strategy allows us complete flexibility in terms of asset
allocation as there are no predetermined guidelines as to the level of stocks, bonds, cash, regions, countries, sectors,
commodities, or even asset classes in the portfolio! In short, this is a completely flexible portfolio designed to follow
the performance trail wherever it leads us.
This Article's Word Cloud: