Home Depot Stock Dividends Overview

HD pays dividends quarterly. Last paid amount was $2.25 at Mar 21, 2024. As of today, dividend yield (TTM) is 2.49%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Key Stats

Dividend Yield (TTM) 2.49%
Frequency Quarterly
1Y Growth 7.66%
Payout Ratio 0
Amount Per Share $2.25
Home Depot has not yet announced its next dividend date. Last payment date was: Mar 21, 2024.

HD Dividend Payout History

To ensure a understanding of HD's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 20, 2024 Mar 06, 2024 Mar 21, 2024 $2.25 0.569%
2 Nov 16, 2023 Nov 29, 2023 Dec 14, 2023 $2.09 0.594%
3 Aug 17, 2023 Aug 30, 2023 Sep 14, 2023 $2.09 0.634%
4 May 18, 2023 May 31, 2023 Jun 15, 2023 $2.09 0.692%
5 Feb 21, 2023 Mar 08, 2023 Jun 15, 2023 $2.09 0.692%
6 Nov 17, 2022 Nov 30, 2022 Dec 15, 2022 $1.90 0.580%
7 Aug 18, 2022 Aug 31, 2022 Sep 15, 2022 $1.90 0.700%
8 May 19, 2022 Jun 01, 2022 Jun 16, 2022 $1.90 0.695%
9 Feb 22, 2022 Mar 09, 2022 Mar 24, 2022 $1.90 0.602%
10 Nov 18, 2021 Dec 01, 2021 Dec 16, 2021 $1.65 0.413%

Dividend Sustainability

The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. Furthermore, its high Dividend Growth Potential Score (DGPS) signals potential dividend growth. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.

Sustainability score

Good (100.00%)

Growth potential

Increase likely (82.33%)

HD Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from HD dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in HD stock here.

Comparing HD to Sector and Country

HD pays a solid dividend yield of 2.49%, which is higher than the average of the bottom 25% of dividend payers in the US market (0.606%). HD’s dividend yield is lower than the average of the top 25% of dividend payers in the Consumer Cyclical sector in the US market (6.64%), which means that there are more attractive dividend stocks to consider.

HD Stock Competitors

Symbol Company Name Market Cap Amount Per Share Dividend Yield (TTM) Payout Ratio (TTM)
HD
Home Depot 333.774B $2.25 2.49% 55.36%
MCD
McDonalds 197.231B $1.67 2.25% 53.52%
LOW
Lowes 132.142B $1.10 2.04% 32.76%
TJX
TJX Companies Inc. 107.485B $0.333 1.52% 33.17%
Alibaba 184.677B $1.00 1.47% -
NKE
Nike 141.98B $0.370 1.42% 40.78%
TM
Toyota Motor Corp Ltd Ord 307.397B $2.00 1.07% 19.56%
GM
General Motors 52.53B $0.120 1.06% 5.70%
DIS
Disney 205.588B $0.300 0.336% -

FAQ

What factors can affect the amount of HD's dividend payments?
The amount of HD's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in HD sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from HD stock be automatically reinvested?
If HD offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy HD stock.

How often does HD pay dividend?
Home Depot (HD) pays dividends quarterly. The most recent payout was on Mar 21, 2024.

How much does HD pays per share?
The last recorder (Mar 06, 2024) dividend per share was $2.25.

What is HD dividend growth rate?
Over the last year, Home Depot has witnessed growth rate of 7.66% . Looking back over the past 3 years, this growth rate has been 10.89%. Furthermore, examining the past 5 years, Home Depot has maintained an average Dividends Per Share Growth Rate of 10.59%.
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About Home Depot Inc (The)

Home Depot The Home Depot, Inc. operates as a home improvement retailer. It operates The Home Depot stores that sell various building materials, home improvement products, lawn and garden products, and décor products, as well as facilities maintenance, repair, and operations products The company also offers installation services for flooring, cabinets and cabinet makeovers, countertops, furnaces and central air systems, and windows. In addition, it provide... HD Profile

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