The Home Depot, Inc. Announces Quarterly Dividend of $2.33 (NYSE:HD)

The Home Depot, Inc. (NYSE:HDGet Free Report) announced a quarterly dividend on Thursday, May 21st. Shareholders of record on Thursday, June 4th will be paid a dividend of 2.33 per share by the home improvement retailer on Thursday, June 18th. This represents a c) annualized dividend and a yield of 3.0%. The ex-dividend date is Thursday, June 4th.

Home Depot has raised its dividend payment by an average of 0.1%per year over the last three years and has raised its dividend annually for the last 16 consecutive years. Home Depot has a dividend payout ratio of 57.1% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Home Depot to earn $16.31 per share next year, which means the company should continue to be able to cover its $9.32 annual dividend with an expected future payout ratio of 57.1%.

Home Depot Price Performance

Shares of Home Depot stock opened at $313.73 on Friday. The company has a current ratio of 1.04, a quick ratio of 0.26 and a debt-to-equity ratio of 3.23. The stock has a market capitalization of $312.48 billion, a price-to-earnings ratio of 22.28, a P/E/G ratio of 3.59 and a beta of 1.00. Home Depot has a 1-year low of $289.10 and a 1-year high of $426.75. The firm’s 50-day moving average price is $327.69 and its two-hundred day moving average price is $352.09.

Home Depot (NYSE:HDGet Free Report) last issued its quarterly earnings data on Tuesday, May 19th. The home improvement retailer reported $3.43 earnings per share for the quarter, topping the consensus estimate of $3.41 by $0.02. Home Depot had a net margin of 8.41% and a return on equity of 117.24%. The firm had revenue of $41.77 billion for the quarter, compared to analysts’ expectations of $41.59 billion. During the same period in the prior year, the firm earned $3.56 earnings per share. The company’s quarterly revenue was up 4.8% compared to the same quarter last year. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. On average, equities analysts predict that Home Depot will post 14.99 earnings per share for the current fiscal year.

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Home Depot Company Profile

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The Home Depot, Inc (NYSE: HD) is a leading home improvement retailer that operates large-format stores and an integrated online platform offering a broad range of products and services for do-it-yourself consumers, professional contractors and businesses. The company was founded in 1978 by Bernard Marcus and Arthur Blank and is headquartered in Atlanta, Georgia. Since opening its first stores at the end of the 1970s, Home Depot has grown into a multinational retailer known for its orange-branded stores and wide assortment of home improvement merchandise.

Home Depot’s core business includes the sale of building materials, lumber, tools, hardware, appliances, paint, plumbing and electrical supplies, lawn and garden products, and home décor.

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Dividend History for Home Depot (NYSE:HD)

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