At the end of today, December 14, 2023, Home Depot HD will distribute a dividend payout of $2.09 per share, translating to an annualized dividend yield of 2.71%. Shareholders who held the stock before the ex-dividend date on November 29, 2023 will benefit from this payout.
Home Depot Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-11-29 | 4 | $2.09 | 2.71% | 2023-11-16 | 2023-11-30 | 2023-12-14 |
| 2023-08-30 | 4 | $2.09 | 2.51% | 2023-08-17 | 2023-08-31 | 2023-09-14 |
| 2023-05-31 | 4 | $2.09 | 2.86% | 2023-05-18 | 2023-06-01 | 2023-06-15 |
| 2023-03-08 | 4 | $2.09 | 2.63% | 2023-02-21 | 2023-03-09 | 2023-03-23 |
| 2022-11-30 | 4 | $1.9 | 2.41% | 2022-11-17 | 2022-12-01 | 2022-12-15 |
| 2022-08-31 | 4 | $1.9 | 2.33% | 2022-08-18 | 2022-09-01 | 2022-09-15 |
| 2022-06-01 | 4 | $1.9 | 2.66% | 2022-05-19 | 2022-06-02 | 2022-06-16 |
| 2022-03-09 | 4 | $1.9 | 2.19% | 2022-02-22 | 2022-03-10 | 2022-03-24 |
| 2021-12-01 | 4 | $1.65 | 1.67% | 2021-11-18 | 2021-12-02 | 2021-12-16 |
| 2021-09-01 | 4 | $1.65 | 2.05% | 2021-08-19 | 2021-09-02 | 2021-09-16 |
| 2021-06-02 | 4 | $1.65 | 2.1% | 2021-05-20 | 2021-06-03 | 2021-06-17 |
| 2021-03-10 | 4 | $1.65 | 2.39% | 2021-02-23 | 2021-03-11 | 2021-03-25 |
Analyzing Home Depot Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
From 2019 to 2022, the company's dividend per share showed a positive trend, increasing steadily from $5.44 in 2019 to $7.60 in 2022. This demonstrates the company's commitment to rewarding shareholders by consistently raising dividends.
YoY Earnings Growth For Home Depot
From 2019 to 2022, Home Depot has demonstrated an upward trend in earnings, with earnings per share rising from $10.22 to $16.59. This positive earnings growth bodes well for investors looking to generate income through cash dividend payouts.
Recap
In this article, we delve into Home Depot's recent dividend payout and examine how it impacts shareholders. The company has announced a dividend distribution of $2.09 per share today, resulting in an annualized dividend yield of 2.71%.
The upward trend in dividend per share and earnings per share for Home Depot from 2019 to 2022 reflects a strong financial position, supporting the company's ability to consistently distribute profits to their investors.
To remain updated on any changes in financials or dividend disbursements, investors should closely observe the company's performance in the coming quarters.
\To stay up-to-date with the companies that are announcing their dividends, click here to visit our Dividends Calendar.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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