This morning, Best Buy (NYSE:BBY) declared its quarterly dividend of 17 cents per share, maintaining the amount paid to shareholders the previous quarter. Based on the current stock price, investors can expect a yield of about 2% going forward. Shares of Best Buy were lower on Wednesday, falling 2.1% so far.
In other dividend news, Analog Devices (NASDAQ:ADI) maintained its quarterly dividend of 34 cents per share. And Coach (NYSE:COH) maintained its quarterly dividend of 33.75 cents per share.
Among dividend increases, Intuit (NASDAQ:INTU) announced its quarterly dividend of 19 cents per share, an increase of about 12% over its prior dividend. And Dillard's (NYSE:DDS) announced its quarterly dividend of 6 cents per share, an increase of 20%.
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