Dividend Data
The Home Depot, Inc.’s (HD) dividend yield is 2.35%, which means that for every $100 invested in the company's stock, investors would receive $2.35 in dividends per year.
The Home Depot, Inc.’s payout ratio is 58.41% which means that 58.41% of the company's earnings are paid out as dividends. A low payout ratio may indicate that the company has a strong financial position and can invest in growth opportunities, while a high payout ratio may indicate that the company is returning most of its earnings to shareholders. HD’s annual dividend is $9.00 per share. This is the total amount of dividends paid out to shareholders in a year.
The Home Depot, Inc.’s (HD) ex-dividend date is , which means that buyers purchasing shares on or after that date will not be eligible to receive the next dividend payment.
The Home Depot, Inc. (HD) pays dividends on a quarterly basis. The Home Depot, Inc. (HD) has increased its dividends for 15 consecutive years. This is a positive sign of the company's financial stability and its ability to pay consistent dividends in the future.
Dividend Yield 2.35%
Annual Dividend $9.00
Ex Dividend Date Aug 29, 2024
Dividend Growth 8.20%
Payout Ratio 58.41%
Payout Period Quarterly
Next Div Payment TBA
Cons. Yrs Growth 15
Dividend History and Growth
The Home Depot, Inc. (HD) dividend payments per share are an average of 8.20% over the past 12 months, 11.08% over the past 36 months, 11.59% over the past 60 months, and 17.25% over the past 120 months.
It is important to note that HD’s dividend history and growth can be affected by many factors, such as profitability, cash flow, and financial stability, as well as its growth prospects and dividend payout policies. Add HD to your watchlist to be aware of any updates.
Dividend Growth Table
1Y
3Y
5Y
10Y
Annualized Growth %
8.20%
11.08%
11.59%
17.25%
Dividend Growth Graph
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Dividend Yield
HD dividend yield graph is a visual representation of The Home Depot, Inc.’s dividend yield over the last 12 months. This is useful for investors to understand HD’s historical dividend yield and to identify any trends or patterns in the company's dividend payments over time.
Dividend Yield Chart
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Shareholder Yield
Shareholder yield is a metric that measures the total return to shareholders through dividends, buybacks, and debt paydown. It is a ratio that compares the cash returned to shareholders over a period of time to the market capitalization of the company.
The Home Depot, Inc. (HD) shareholder yield graph below includes indicators for dividends, buybacks, and debt paydown, which allows investors to see how each component contributes to the overall shareholder yield.
It's important to note that shareholder yield is just one metric among many that investors may use to evaluate a company's financial health and its potential for future growth. It should be considered in conjunction with other financial metrics such as earnings, revenue, and debt levels to get a comprehensive understanding of a company's financial position.
Shareholder Yield Chart
Dividend Safety
Dividend safety refers to the ability of a company to continue paying its dividends to shareholders without interruption or reduction. A company with a high level of dividend safety is generally considered to have a strong financial position, with a consistent history of paying dividends and a low risk of default.
Some specific indicators often used to assess The Home Depot, Inc. (HD) dividend safety include
- Dividend payment history: HD has a long history of paying dividends and has consistently increased its dividend payout for 15 consecutive years.
- Dividend payout ratio: A low payout ratio, typically less than 60%, indicates that a company has enough earnings to pay dividends and retain earnings to reinvest in the business. The Home Depot, Inc.’s payout ratio is about 58.41%
It is worth noting that Dividend safety can change over time, and a company that was considered to have a high level of dividend safety in the past may no longer be considered safe today. Therefore, it is important to regularly monitor a company's financial performance and dividend payment history.
Dividend Safety Graph
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Comparing The Home Depot, Inc. to Other Stock
The percentile ranks table is a way to compare The Home Depot, Inc. (HD) dividend yield relative to its sector, country, and the world.
- Dividend yield: HD’s latest value of 2.35% is the percentage of the current stock price that is paid out as dividends to shareholders. The relative to the sector, country, and world values (0.53, 0.45, and 0.49 respectively) indicate The Home Depot, Inc.’s dividend yield compared to others in its sector, country, and world. For example, a value of 0.45 relative to country means that The Home Depot, Inc.’s dividend yield is higher than 45% of companies in its country.
This table allows investors to quickly compare a company's dividend metrics to its peers in the sector, country, and the world, and evaluate its relative stability and growth potential.
Percentile Ranks Table
latest value
relative to sector
relative to country
relative to world
Dividend Yield
2.35%
0.53
0.45
0.49
Dividend FAQ
Does The Home Depot, Inc. pay dividends?
The Home Depot, Inc. (HD) pays dividends to its shareholders.
How much is The Home Depot, Inc.’s dividend?
The Home Depot, Inc.'s (HD) quarterly dividend per share was $2.25 as of .
When is The Home Depot, Inc.’s ex-dividend date?
The Home Depot, Inc.’s latest ex-dividend date was on . The HD stock shareholders received the last dividend payment of $2.25 per share on .
When is The Home Depot, Inc.’s next dividend payment date?
The Home Depot, Inc.’s next dividend payment has not been announced at this time.
Does The Home Depot, Inc. have sufficient earnings to cover its dividends?
The Home Depot, Inc. (HD) has a 58.41% payout ratio, which may leave the company with limited retained earnings, which could potentially impact its ability to reinvest in the business.
