Home Depot (HD) DIvidends Date & History

Key Takeaways

• Home Depot pays a quarterly dividend of $2.33 per share, equating to an annual total of $9.32.
• The current dividend yield stands at approximately 2.7% based on recent share prices.
• The payout ratio is around 65.5%, indicating moderate earnings coverage for the dividend.
• Home Depot has paid dividends for 157 consecutive quarters with a history of annual increases.
• Free cash flow and earnings provide solid support for ongoing dividend sustainability.
• The stock appeals to investors seeking moderate yield combined with long-term dividend growth.

Dividend Overview

Home Depot maintains a consistent quarterly dividend policy typical of established retail companies. The most recent declaration set the quarterly payout at $2.33 per share, payable on June 18, 2026, to shareholders of record as of June 4, 2026. This results in an annualized dividend of $9.32 per share and a yield near 2.7%. The company is viewed as a dividend growth stock rather than a high-yield name, with a focus on steady increases supported by strong cash generation from its core home improvement operations.

Dividend History and Growth

Home Depot has delivered dividends without interruption for 157 consecutive quarters. Annual increases have occurred regularly, including a 1.3% raise to the current $2.33 quarterly level announced in early 2026. The firm has posted 17 consecutive years of dividend growth. Over longer periods, annualized growth rates have averaged in the mid-single digits, reflecting a disciplined approach to returning capital while reinvesting in the business.

Dividend Sustainability and Payout Ratio

The payout ratio of approximately 65.5% leaves room for continued dividend support from earnings. Strong free cash flow generation from operations helps cover the dividend comfortably. Home Depot maintains a solid balance sheet with manageable debt levels relative to its cash flow, supporting long-term dividend sustainability even in varying economic conditions.

Dividend Compared to Industry Peers

Within the home improvement retail sector, Home Depot's yield of roughly 2.7% aligns closely with peers such as Lowe's. Both companies offer comparable dividend profiles characterized by moderate yields and consistent growth rather than aggressive high-yield strategies. This positions Home Depot as an average payer in its industry, with strength derived from scale and operational efficiency.

AI Screener

Tickeron’s AI Screener is an AI-powered stock and ETF discovery tool that helps traders and investors filter the market based on technical patterns, fundamentals, trends, volatility, and AI-driven signals. Users can scan thousands of stocks and ETFs using customizable filters such as industry, market capitalization, technical indicators, price patterns, and performance metrics. The screener helps identify dividend stocks, income-focused investments, trending stocks, breakout candidates, and market opportunities more efficiently than manual screening. Explore opportunities with the AI Screener.

Is This Stock Attractive for Dividend Investors?

Home Depot may suit dividend growth investors seeking a balance of current income and future increases. Its moderate yield and history of consistent raises appeal to long-term holders focused on compounding returns rather than maximum current income. Conservative income investors might find the payout sustainable given earnings and cash flow coverage, though the yield remains below higher-yielding sectors. The stock could fit portfolios emphasizing stability in the consumer discretionary space without excessive payout pressure.

Disclaimer

The information on this webpage is provided for general informational and educational purposes only and is not intended as investment advice, a recommendation to purchase or sell any security, or an offer or solicitation related to investments. It does not consider your personal financial situation, goals, or risk profile, and all investing carries inherent risks, including the possibility of losing your entire investment. For more details, please review our full disclaimer.

Disclaimers and Limitations