The Home Depot Introduces $2.30 Dividend for Shareholders

Author: Evelyn Baker Updated: 05-22-2025 04:30 PM

The Home Depot Announces New Dividend for Shareholders

The Home Depot, renowned as the world's largest home improvement retailer, has made a significant announcement regarding its financial rewards for shareholders. The company's board of directors has declared a first-quarter cash dividend of $2.30 per share. This momentous decision reaffirms The Home Depot's commitment to returning value to its investors.

Details of the Dividend Announcement

Shareholders can look forward to this cash dividend being payable on an upcoming date announced by the company. For those who hold shares of the company, the record date for this dividend is set ahead of the payment date. This declaration marks the impressive milestone of the 153rd consecutive quarter in which The Home Depot has distributed cash dividends to its shareholders.

Company Overview: The Home Depot

The Home Depot operates a vast network of retail outlets dedicated to providing home improvement products and services. As of now, the company boasts a total of 2,350 retail stores, along with over 790 branches that extend to all 50 states, including some territories and provinces outside the mainland.

Employment and Community Impact

With a workforce exceeding 470,000 associates, The Home Depot not only contributes to the economy through its retail operations but also by providing employment opportunities across diverse communities. Their stores serve as vital resources for both professional contractors and DIY enthusiasts alike, making the company a central hub in the home improvement industry.

The Home Depot on the Stock Market

For those interested in investing, The Home Depot's stock is publicly traded on the New York Stock Exchange under the ticker symbol NYSE: HD. This stock is a prominent component of key stock market indices such as the Dow Jones Industrial Average and the Standard & Poor's 500 index, indicating its significance in the financial markets.

Why This Matters for Investors

The consistent payment of dividends is an encouraging sign for investors, showcasing the company's stable performance and commitment to shareholder returns. Such dividends are often viewed as a reflection of a company's solid financial footing and long-term strategy for growth, making The Home Depot an attractive option for potential and current investors.

Frequently Asked Questions

What is the declared dividend amount by The Home Depot?

The Home Depot has announced a cash dividend of $2.30 per share.

When will the dividend be paid to shareholders?

The dividend is set to be paid on a date determined by the company, with the record date for shareholders also specified.

How long has The Home Depot been paying dividends?

They have an impressive record of paying dividends for 153 consecutive quarters.

How many retail locations does The Home Depot operate?

The company operates 2,350 retail stores and over 790 branches.

Where is The Home Depot's stock traded?

The Home Depot's stock is traded on the New York Stock Exchange under the ticker symbol NYSE: HD.

About The Author

Greetings, I'm 32-year-old author and financial specialist Evelyn Baker. My introduction into the financial industry started with an economics degree and continued with a wealth of experience in wealth management and financial consulting. My great passion over the years has been assisting people and companies in making wise, well-informed decisions to reach their financial objectives.

My goal with writing is to simplify difficult financial ideas into understandable, doable guidance. My goal in writing many books and articles is to make personal finance understandable to everyone, irrespective of their experience or background. I want to give readers the information they need to take charge of their financial futures, from investing and retirement planning to budgeting and saving.

Along with my writing, I lead webinars and workshops where I provide doable advice and methods for achieving financial success. To reach a larger audience, I also frequently contribute to financial blogs and publications. My method is always to offer doable, real-world guidance that can actually improve people's lives.

Aside from my job, I like to cook, travel, and experience other cultures. I work hard to apply my belief in the value of a balanced life to my financial counsel. My goal in working is to encourage and enable people to succeed financially so they may lead the best lives possible.

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