Home Depot's Dividend History: What You Need to Know
Current Dividend Yield and Payment Schedule
As of August 2024, Home Depot has paid a quarterly dividend of $7.95 per share, resulting in an annual dividend of $26.80 per share. This equates to a dividend yield of 2.60% based on the current stock price.
Historical Dividend Performance
Home Depot has a long history of paying dividends to its shareholders. The company has increased its dividend every year for the past 13 years. Over the past 10 years, the company's dividend has grown at an average annual rate of 15%. This consistent dividend growth has made Home Depot a popular stock for income investors.
Dividend Reinvestment Program
Home Depot offers a Dividend Reinvestment Program (DRIP) that allows shareholders to automatically reinvest their dividends in additional shares of Home Depot stock. This can be a convenient way to build your position in Home Depot over time.
Disclaimer
The historical dividend information provided is for informational purposes only and is not intended to be used as investment advice. Dividends are subject to change at any time and there is no guarantee that Home Depot will continue to pay dividends in the future.
Comments