The Home Depot, Inc. (HD) To Go Ex-Dividend on September 3rd

The Home Depot, Inc. (NYSE:HD) declared a quarterly dividend on Thursday, August 20th. Shareholders of record on Thursday, September 3rd will be given a dividend of 2.33 per share by the home improvement retailer on Thursday, September 17th. This represents a c) annualized dividend and a yield of 2.8%. The ex-dividend date is Thursday, September 3rd.

Home Depot has raised its dividend by an average of 0.1%per year over the last three years and has increased its dividend annually for the last 16 consecutive years. Home Depot has a dividend payout ratio of 57.1% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Home Depot to earn $16.11 per share next year, which means the company should continue to be able to cover its $9.32 annual dividend with an expected future payout ratio of 57.9%.

Home Depot Stock Performance

Shares of HD opened at $336.04 on Friday. The company has a current ratio of 1.08, a quick ratio of 0.28 and a debt-to-equity ratio of 2.64. The stock has a market cap of $335.07 billion, a P/E ratio of 23.52, a PEG ratio of 3.68 and a beta of 0.95. The company has a 50-day moving average of $340.86 and a two-hundred day moving average of $340.46. Home Depot has a 12-month low of $289.10 and a 12-month high of $426.75.

Home Depot (NYSE:HD) last announced its quarterly earnings results on Tuesday, August 18th. The home improvement retailer reported $4.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.73 by $0.19. The company had revenue of $47.86 billion for the quarter, compared to the consensus estimate of $47.24 billion. Home Depot had a net margin of 8.41% and a return on equity of 106.42%. The company’s revenue for the quarter was up 5.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $4.68 earnings per share. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. As a group, research analysts predict that Home Depot will post 14.99 EPS for the current fiscal year.

About Home Depot

The Home Depot, Inc (NYSE: HD) is a leading home improvement retailer that operates large-format stores and an integrated online platform offering a broad range of products and services for do-it-yourself consumers, professional contractors and businesses. The company was founded in 1978 by Bernard Marcus and Arthur Blank and is headquartered in Atlanta, Georgia. Since opening its first stores at the end of the 1970s, Home Depot has grown into a multinational retailer known for its orange-branded stores and wide assortment of home improvement merchandise.

Home Depot’s core business includes the sale of building materials, lumber, tools, hardware, appliances, paint, plumbing and electrical supplies, lawn and garden products, and home décor.