Best Buy Announces Regular Quarterly Cash Dividend.MINNEAPOLIS -- The board of directors of Best Buy Co., Inc. (NYSE NYSE See: New York Stock Exchange :BBY BBY Best Buy (stock symbol) BBY Before Battle of Yavin (Star Wars) BBY BeBeyond (Chinese online community) ) has authorized payment of a regular quarterly cash dividend of 13 cents per common share. The quarterly dividend is payable on May 14, 2008, to shareholders of record as of the close of business on April 23, 2008. The company had 410,578,462 shares of common stock issued and outstanding as of March 1, 2008. The company announced in June 2007 the intention to increase the dividend rate to 13 cents per common share from 10 cents per common share. About Best Buy Co., Inc. Best Buy Co., Inc. (NYSE:BBY) operates a global portfolio of brands with a commitment to growth and innovation. Our employees strive to provide customers around the world with superior experiences by responding to their unique needs and aspirations. We sell consumer electronics, home-office products, entertainment software, appliances and related services through approximately 1,300 retail stores across the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , throughout Canada and in China. Our multi-channel operations include: Best Buy (BestBuy.com, BestBuy.ca and BestBuy.com.cn), Future Shop (FutureShop.ca), Geek Squad The Geek Squad is a subsidiary of the Best Buy Company and is based in Richfield, Minnesota [1]. Originally founded in 1994 by Robert Stephens, it offers various computer-related services and accessories for residential and commercial clients. (GeekSquad.com and GeekSquad.ca), Pacific Sales Kitchen and Bath Centers (PacificSales.com), Magnolia Audio Video Magnolia Audio Video is a specialty consumer electronics retailer in the United States. It currently operates 13 standalone stores throughout Washington, Oregon, and California. (Magnoliaav.com), Jiangsu Five Star Appliance Co. (Five-Star.cn) and Speakeasy Speakeasy - Simple array-oriented language with numerical integration and differentiation, graphical output, aimed at statistical analysis. ["Speakeasy", S. Cohen, SIGPLAN Notices 9(4), (Apr 1974)]. ["Speakeasy-3 Reference Manual", S. Cohen et al. 1976]. (Speakeasy.net). Best Buy supports the communities in which its employees work and live through volunteerism and grants that benefit children and education. |
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