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Dividend Safety: This Big-Box Retailer Is a Top Choice for Retirees Protecting Their Wealth
24/7 Wall St.54d agoneutral
Dividend Safety: This Big-Box Retailer Is a Top Choice for Retirees Protecting Their Wealth

Consumer electronics giant Best Buy (NYSE: BBY) just declared a $0.96 quarterly payout, pushing the annualized dividend to $3.84 per share. At a recent price of $73.10, that is a yield of roughly 5.0%, well north of the 4.43% 10-year Treasury. With Kevin Warsh signaling a more hawkish Fed posture and retiree portfolios bracing for ... Dividend Safety: This Big-Box Retailer Is a Top Choice for Retirees Protecting Their Wealth