Home Depot Dividend
Dividend criteria checks 5/6
Home Depot is a dividend paying company with a current yield of 2.67% that is well covered by earnings.
Key information
2.7%
Dividend yield
56%
Payout ratio
Industry average yield | 2.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CA$15.28 |
Dividend yield forecast in 3Y | 3.0% |
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 |
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Segment | Dividend Yield |
---|---|
Company (HD) | 2.7% |
Market Bottom 25% (CA) | 1.9% |
Market Top 25% (CA) | 6.5% |
Industry Average (Specialty Retail) | 2.9% |
Analyst forecast in 3 Years (HD) | 3.0% |
Notable Dividend: HD's dividend (2.67%) is higher than the bottom 25% of dividend payers in the Canadian market (1.91%).
High Dividend: HD's dividend (2.67%) is low compared to the top 25% of dividend payers in the Canadian market (6.5%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (56.2%), HD's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (49.7%), HD's dividend payments are well covered by cash flows.