Home Depot Dividends and Buybacks
Dividend criteria checks 5/6
Home Depot is a dividend paying company with a current yield of 2.41% that is well covered by earnings. Next payment date is on 12th September, 2024 with an ex-dividend date of 29th August, 2024.
Key information
2.4%
Dividend yield
0.9%
Buyback Yield
| Total Shareholder Yield | 3.3% |
| Future Dividend Yield | 2.7% |
| Dividend Growth | 1.9% |
| Next dividend pay date | 12 Sep 24 |
| Ex dividend date | 29 Aug 24 |
| Dividend per share | €9.000 |
| Payout ratio | 29% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: HDID's dividends per share have been stable in the past 10 years.
Growing Dividend: HDID's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Home Depot Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (HDID) | 2.4% |
| Market Bottom 25% (GB) | 2.1% |
| Market Top 25% (GB) | 5.9% |
| Industry Average (Specialty Retail) | 3.6% |
| Analyst forecast (HDID) (up to 3 years) | 2.7% |
Notable Dividend: HDID's dividend (2.41%) is higher than the bottom 25% of dividend payers in the UK market (2%).
High Dividend: HDID's dividend (2.41%) is low compared to the top 25% of dividend payers in the UK market (5.47%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.1%), HDID's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (53.3%), HDID's dividend payments are covered by cash flows.