Best Buy raises quarterly dividend by 7%

Best Buy raises quarterly dividend by 7%
NEW YORK (MarketWatch) — Best Buy Co. announced Thursday that it will boost its quarterly dividend by 7% to 15 cents a share. The No. 1 U.S. electronics retailer said the new rate will be payable on Oct. 26 for shareholders of record on Oct. 5. Company shares closed at $36.50 Wednesday. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch …

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