Best Buy's Dividend Increase Doesn't Make Sense
Best Buy (NYSE: BBY ) on Wednesday announced that it would raise its quarterly dividend by 12%, from $ 0.17 to $ 0.19 per share. Although management explicitly cited the move as a sign of confidence in the company's future, investors should keep in mind ...
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Best Buy's executive compensation plan wins 98% approval
At Best Buy's annual meeting earlier this week, 98 percent of shareholders endorsed the retailer's executive compensation in the nonbinding “say-on-pay” vote, according to results that the company filed with the Securities and Exchange Commission.
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