MINNEAPOLIS--(BUSINESS WIRE)--The Board of Directors of Best Buy Co., Inc. (NYSE:BBY) has authorized the payment of a regular quarterly cash dividend of $0.23 per common share. The quarterly dividend is payable on July 2, 2015, to shareholders of record as of the close of business on June 11, 2015. The company had 353,229,891 shares of common stock issued and outstanding as of May 2, 2015.