The Home Depot, Inc. (NYSE:HD) Plans $2.33 Quarterly Dividend

The Home Depot, Inc. (NYSE:HD) declared a quarterly dividend on Thursday, May 21st. Shareholders of record on Thursday, June 4th will be paid a dividend of 2.33 per share by the home improvement retailer on Thursday, June 18th. This represents a c) dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date is Thursday, June 4th.

Home Depot has increased its dividend by an average of 0.1%per year over the last three years and has raised its dividend annually for the last 16 consecutive years. Home Depot has a payout ratio of 57.1% indicating that its dividend is sufficiently covered by earnings. Analysts expect Home Depot to earn $16.31 per share next year, which means the company should continue to be able to cover its $9.32 annual dividend with an expected future payout ratio of 57.1%.

Home Depot Stock Up 1.0%

Shares of HD opened at $313.73 on Friday. The firm has a market cap of $312.48 billion, a PE ratio of 22.28, a price-to-earnings-growth ratio of 3.59 and a beta of 1.00. The company’s fifty day moving average is $327.69 and its two-hundred day moving average is $352.09. Home Depot has a fifty-two week low of $289.10 and a fifty-two week high of $426.75. The company has a quick ratio of 0.26, a current ratio of 1.04 and a debt-to-equity ratio of 3.23.

Home Depot (NYSE:HD) last announced its quarterly earnings results on Tuesday, May 19th. The home improvement retailer reported $3.43 earnings per share for the quarter, beating analysts’ consensus estimates of $3.41 by $0.02. The company had revenue of $41.77 billion for the quarter, compared to analyst estimates of $41.59 billion. Home Depot had a net margin of 8.41% and a return on equity of 117.24%. Home Depot’s revenue for the quarter was up 4.8% on a year-over-year basis. During the same quarter last year, the business earned $3.56 EPS. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. Analysts forecast that Home Depot will post 14.99 earnings per share for the current year.

Trending Headlines about Home Depot

Here are the key news stories impacting Home Depot this week:

• Positive Sentiment: Home Depot continued to return cash to shareholders by declaring a quarterly dividend of $2.33 per share, reinforcing its income appeal for investors. The Home Depot Declares Quarterly Dividend of $2.33
• Positive Sentiment: Wall Street still broadly remains constructive, even after trimming targets, with several firms maintaining buy or outperform ratings following Q1 results. These Analysts Cut Their Forecasts On Home Depot After Q1 Results
• Neutral Sentiment: Home Depot was included among large U.S. companies seeking tariff refunds, a headline that could modestly help costs, but the direct financial impact was not quantified. Trump said he’d ‘remember’ companies that didn’t apply for tariff refunds. Many of them are anyway
• Neutral Sentiment: Commentary around Home Depot’s Q1 suggested the home improvement cycle is still stuck, with housing turnover weak and big remodel demand muted, which supports the idea that growth may stay constrained. The Housing Market Is Stuck. Home Depot’s (HD) Q1 Is Proof
• Negative Sentiment: Multiple analysts cut price targets after Q1, signaling a lower near-term valuation view despite keeping generally positive ratings. Argus adjusts price target on Home Depot to $400 from $425
• Negative Sentiment: Analysts and market commentary also flagged weaker demand and cost pressure, with net earnings falling year over year and fears that Home Depot could miss 2026 guidance if conditions stay soft. Home Depot Q1 profit falls as cost growth outpaces revenue

Home Depot Company Profile

The Home Depot, Inc (NYSE: HD) is a leading home improvement retailer that operates large-format stores and an integrated online platform offering a broad range of products and services for do-it-yourself consumers, professional contractors and businesses. The company was founded in 1978 by Bernard Marcus and Arthur Blank and is headquartered in Atlanta, Georgia. Since opening its first stores at the end of the 1970s, Home Depot has grown into a multinational retailer known for its orange-branded stores and wide assortment of home improvement merchandise.

Home Depot’s core business includes the sale of building materials, lumber, tools, hardware, appliances, paint, plumbing and electrical supplies, lawn and garden products, and home décor.