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 $0.34 per common share. The quarterly dividend is payable on December 28, 2017, to shareholders of record as of the close of business on December 7, 2017. The company had 295,718,633 shares of common stock issued and outstanding as of October 28, 2017.