Home Depot Dividends and Buybacks
Dividend criteria checks 5/6
Home Depot is a dividend paying company with a current yield of 2.14% that is well covered by earnings.
Key information
2.1%
Dividend yield
0.4%
Buyback Yield
| Total Shareholder Yield | 2.6% |
| Future Dividend Yield | 2.4% |
| Dividend Growth | 1.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CA$12.615 |
| Payout ratio | 61% |
Recent dividend and buyback 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) | 2.1% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.2% |
| Industry Average (Specialty Retail) | 3.0% |
| Analyst forecast (HD) (up to 3 years) | 2.4% |
Notable Dividend: HD's dividend (2.14%) is higher than the bottom 25% of dividend payers in the Canadian market (1.76%).
High Dividend: HD's dividend (2.14%) is low compared to the top 25% of dividend payers in the Canadian market (6.16%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (61%), HD's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (53.8%), HD's dividend payments are covered by cash flows.