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Best Buy reported strong earnings and increased its dividend, pleasing shareholders and analysts.
Best Buy saw significant changes in institutional ownership in the fourth quarter, with some investors increasing and others reducing their stakes.
The company reported earnings of $2.58 per share, exceeding analyst expectations.
Best Buy also announced a quarterly dividend of $0.95 per share, an increase from the previous $0.94, to be paid on April 15 to shareholders of record on March 25.
Analysts have given the stock largely positive ratings.
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Best Buy reportó fuertes ganancias y aumentó su dividendo, agradando a accionistas y analistas.