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Home Depot (HD) Dividend Yield, Date & History

Home Depot logo
$392.60 +7.58 (+1.97%)
(As of 12/20/2024 05:45 PM ET)

Home Depot Dividend Summary

Dividend Yield
2.29%
Annual Dividend
$9.00
Recent
Dividend Payment
Dec. 12
Dividend Increase
Track Record
15 Years
Annualized 3-Year
Dividend Growth
11.69%
Dividend Payout Ratio
61.14%

Home Depot (HD) pays an annual dividend of $9.00 per share, with a dividend yield of 2.29%. The next quarterly payment of $2.25 per share was paid on Thursday, December 12, to investors who owned the stock before the ex-dividend date of Wednesday, November 27. HD has grown its dividend for 15 consecutive years, with an average annual increase of 3.75%. The company currently pays out 61.14% of its earnings and 52.06% of its cash flow as dividends.

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HD Dividend Payments by Quarter

The chart below displays up to four years of Home Depot's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

HD Dividend Yield Over Time

The chart below tracks Home Depot's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Home Depot vs. The Competition

Compare Home Depot's annual dividend, yield, and 3-year growth rate with averages for Retail and NYSE companies to evaluate its performance against the market.

TypeHome DepotRetail CompaniesNYSE Companies
Annual Dividend$9.00$0.03$1.39
Dividend Yield2.29%165.83%3.57%
Annualized 3-Year Dividend Growth11.69%27.48%15.78%
Track Record15 years27 years24 years

Home Depot Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings61.14%
Based on This Year's Estimate59.52%
Based on Next Year's Estimate57.69%
Based on Cashflow52.06%

Home Depot Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
11/14/2024quarterly$2.25 - 2.22%11/27/202411/27/202412/12/2024
8/15/2024quarterly$2.25 - 2.5%8/29/20248/29/20249/12/2024
5/16/2024quarterly$2.25 - 2.63%5/30/20245/30/20246/13/2024
2/20/2024quarterly$2.25+$0.16
7.66%
2.48%3/6/20243/7/20243/21/2024
11/16/2023quarterly$2.09 - 2.73%11/29/202311/30/202312/14/2023
8/17/2023quarterly$2.09 - 2.55%8/30/20238/31/20239/14/2023
5/18/2023quarterly$2.09 - 2.83%5/31/20236/1/20236/15/2023
2/21/2023quarterly$2.09+$0.19
10.00%
2.63%3/8/20233/9/20233/23/2023

This table shows Home Depot's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Home Depot Dividend - Frequently Asked Questions

The current dividend yield for Home Depot is 2.29%. Learn more on HD's dividend yield history.

The annual dividend for HD shares is $9.00. Learn more on HD's annual dividend history.

Home Depot pays quarterly dividends to shareholders.

Home Depot's most recent quarterly dividend payment of $2.25 per share was made to shareholders on Thursday, December 12, 2024.

Home Depot's most recent ex-dividend date was Wednesday, November 27, 2024.

Over the past three years, the company's dividend has grown by an average of 11.69% per year.

Home Depot has increased its dividend for the past 15 consecutive years.

The most recent change in the company's dividend was an increase of $0.16 on Tuesday, February 20, 2024.

The dividend payout ratio for HD is:
  • 61.14% based on the trailing year of earnings
  • 59.52% based on this year's estimates
  • 57.69% based on next year's estimates
  • 52.06% based on cash flow

Home Depot's dividend yield of 2.20% is lower than the average Retail/Wholesale company that issues a dividend. The company's 15 consecutive years of dividend growth indicate that the company has a strong committment to maintain and grow its dividend. Home Depot's dividend payout ratio of 61.14% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate Home Depot stock as a Moderate Buy, forecasting growth opportunities and potential value appreciation.


This page (NYSE:HD) was last updated on 12/21/2024 by MarketBeat.com Staff
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