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Best Buy Co., Inc. (NYSE:BBY) is included among the 12 Best Retail Dividend Stocks to Buy Now.

Is Best Buy Co (BBY) a Safe Bet for Income Investors in Retail Dividend Stocks?

Best Buy Co., Inc. (NYSE:BBY) is an American multinational retailer specializing in consumer electronics, offering a broad range of products and related services. Along with its physical stores, the company has built a strong online presence, with both channels playing a key role in its omnichannel strategy. The company also benefits from solid partnerships with major vendors like Apple and Samsung, relationships that help it respond effectively to shifts in consumer demand.

In the second quarter of 2025, Best Buy Co., Inc. (NYSE:BBY) reported revenue of just under $9.44 billion, compared with about $9.29 billion in the same period a year earlier. This growth reflected a 1.6% year-over-year rise in comparable sales, which marked the strongest pace in three years. The increase was driven in part by a 5% jump in online sales.

In addition, Best Buy Co., Inc. (NYSE:BBY) is a solid dividend payer. The company has been rewarding shareholders with growing dividends for the past 12 consecutive years, which makes it one of the best dividend stocks in the retail sector. Currently, it offers a quarterly dividend of $0.95 per share and has a dividend yield of 5.25%, as of September 22.

While we acknowledge the potential of BBY as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than BBY and that has a 100x upside potential, check out our report about the cheapest AI stock.

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