The Home Depot Declares Second Quarter Dividend of 29 Cents

ATLANTA, Aug. 16, 2012 /PRNewswire via COMTEX/ --The Home Depot®, the world's largest home improvement retailer, today announced that its board of directors declared a second quarter cash dividend of 29 cents per share. The dividend is payable on September 13, 2012, to shareholders of record on the close of business on August 30, 2012. This is the 102nd consecutive quarter the Company has paid a cash dividend.

The Home Depot is the world's largest home improvement specialty retailer, with 2,255 retail stores in all 50 states, the District of Columbia, Puerto Rico, U.S. Virgin Islands, Guam, 10 Canadian provinces, Mexico and China. In fiscal 2011, The Home Depot had sales of $70.4 billion and earnings of $3.9 billion. The Company employs more than 300,000 associates. The Home Depot's stock is traded on the New York Stock Exchange (NYSE: HD) and is included in the Dow Jones industrial average and Standard & Poor's 500 index.

SOURCE The Home Depot