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Dividend Safety: This Big-Box Retailer Is a Top Choice for Retirees Protecting Their Wealth
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Dividend Safety: This Big-Box Retailer Is a Top Choice for Retirees Protecting Their Wealth
The post Dividend Safety: This Big-Box Retailer Is a Top Choice for Retirees Protecting Their Wealth appeared first on 24/7 Wall St.. Best Buy (BBY) declared a $0.96 quarterly dividend, yielding 5.0% on a $73.10 share price with an earnings payout ratio of ~60% backed by $1.7B in cash. Best Buy's dividend is safe due to 20+ years of uninterrupted payments, including through COVID, supported by strong free cash flow and stable balance sheet. A…
·New York, United States
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