The Board of Directors of Best Buy Co., Inc. (NYSE:BBY) has authorized the payment of a regular quarterly cash dividend of $0.50 per common share. The quarterly dividend is payable on July 5, 2019, to shareholders of record as of the close of business on June 13, 2019. The company had 267,452,462 shares of common stock issued and outstanding as of May 4, 2019.

Investor Contact:Mollie O’Brien(612) 291-7735 or mollie.obrien@bestbuy.com

Media Contact:Jeff Shelman(612) 291-6114 or jeffrey.shelman@bestbuy.com

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