Home Depot Dividend
Dividend criteria checks 6/6
Home Depot is a dividend paying company with a current yield of 2.76% that is well covered by earnings. Next payment date is on 13th June, 2024 with an ex-dividend date of 30th May, 2024.
Key information
2.8%
Dividend yield
43%
Payout ratio
Industry average yield | 4.9% |
Next dividend pay date | 13 Jun 24 |
Ex dividend date | 30 May 24 |
Dividend per share | n/a |
Earnings per share | AR$15.00 |
Dividend yield forecast in 3Y | 3.2% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: HD's dividends per share have been stable in the past 10 years.
Growing Dividend: HD's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Home Depot Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (HD) | 2.8% |
Market Bottom 25% (AR) | 0.6% |
Market Top 25% (AR) | 2.4% |
Industry Average (Specialty Retail) | 4.9% |
Analyst forecast in 3 Years (HD) | 3.2% |
Notable Dividend: HD's dividend (2.76%) is higher than the bottom 25% of dividend payers in the AR market (0.65%).
High Dividend: HD's dividend (2.76%) is in the top 25% of dividend payers in the AR market (2.43%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (43%), HD's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (49.9%), HD's dividend payments are well covered by cash flows.