Home Depot's last quarterly cash dividend of $2.25 per share was issued to shareholders on record before Mar 6, 2024. The dividend payment stands at $8.52 per share annually, which equates to a dividend yield of 2.56%. The latest HD dividend of $2.25 is an increase from the previous $2.09 payout, representing a growth of 8%.
Home Depot's dividend yield of 2.56% is above the Consumer Cyclical sector average. In comparison with its Consumer Cyclical sector average of 2.36%, Home Depot's dividend yield is 8% higher. The historical 5-year average of HD's dividend yield is 2.3%, which is lower than the current yield.
Home Depot has been paying dividends for the last 30 years. According to our records HD has distributed four quarterly dividends in the past year. The annualized dividend per share has grown by 9% for the last twelve months. However with the stock price up by 10% from a year ago, the dividend yield has decreased by 0.9%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Mar 6, 2024 | Mar 21, 2024 | Feb 20, 2024 | $2.25 | normal |
| Nov 29, 2023 | Dec 14, 2023 | Nov 16, 2023 | $2.09 | normal |
| Aug 30, 2023 | Sep 14, 2023 | Aug 17, 2023 | $2.09 | normal |
| May 31, 2023 | Jun 15, 2023 | May 18, 2023 | $2.09 | normal |
| Mar 8, 2023 | Mar 23, 2023 | Feb 21, 2023 | $2.09 | normal |
| Nov 30, 2022 | Dec 15, 2022 | Nov 17, 2022 | $1.9 | normal |
| Aug 31, 2022 | Sep 15, 2022 | Aug 18, 2022 | $1.9 | normal |
| Jun 1, 2022 | Jun 16, 2022 | May 19, 2022 | $1.9 | normal |
| Mar 9, 2022 | Mar 24, 2022 | Feb 22, 2022 | $1.9 | normal |
| Dec 1, 2021 | Dec 16, 2021 | Nov 18, 2021 | $1.65 | normal |
| Sep 1, 2021 | Sep 16, 2021 | Aug 19, 2021 | $1.65 | normal |
| Jun 2, 2021 | Jun 17, 2021 | May 20, 2021 | $1.65 | normal |
| Mar 10, 2021 | Mar 25, 2021 | Feb 23, 2021 | $1.65 | normal |
| Dec 2, 2020 | Dec 17, 2020 | Nov 19, 2020 | $1.5 | normal |
| Sep 2, 2020 | Sep 17, 2020 | Aug 18, 2020 | $1.5 | normal |
| Jun 3, 2020 | Jun 18, 2020 | May 19, 2020 | $1.5 | normal |
| Mar 11, 2020 | Mar 26, 2020 | Feb 25, 2020 | $1.5 | normal |
| Dec 4, 2019 | Dec 19, 2019 | Nov 21, 2019 | $1.36 | normal |
| Sep 4, 2019 | Sep 19, 2019 | Aug 22, 2019 | $1.36 | normal |
| Jun 5, 2019 | Jun 20, 2019 | May 23, 2019 | $1.36 | normal |
| Mar 13, 2019 | Mar 28, 2019 | Feb 26, 2019 | $1.36 | normal |
| Nov 28, 2018 | Dec 13, 2018 | Nov 15, 2018 | $1.03 | normal |
| Aug 29, 2018 | Sep 13, 2018 | Aug 16, 2018 | $1.03 | normal |
| May 30, 2018 | Jun 14, 2018 | May 17, 2018 | $1.03 | normal |
| Mar 7, 2018 | Mar 22, 2018 | Feb 20, 2018 | $1.03 | normal |
| Nov 29, 2017 | Dec 14, 2017 | Nov 16, 2017 | $0.89 | normal |
| Aug 29, 2017 | Sep 14, 2017 | Aug 17, 2017 | $0.89 | normal |
| May 30, 2017 | Jun 15, 2017 | May 18, 2017 | $0.89 | normal |
| Mar 7, 2017 | Mar 23, 2017 | Feb 21, 2017 | $0.89 | normal |
| Nov 29, 2016 | Dec 15, 2016 | Nov 17, 2016 | $0.69 | normal |
| Aug 30, 2016 | Sep 15, 2016 | Aug 18, 2016 | $0.69 | normal |
| May 31, 2016 | Jun 16, 2016 | May 19, 2016 | $0.69 | normal |
| Mar 8, 2016 | Mar 24, 2016 | Feb 23, 2016 | $0.69 | normal |
| Dec 1, 2015 | Dec 17, 2015 | Nov 19, 2015 | $0.59 | normal |
| Sep 1, 2015 | Sep 17, 2015 | Aug 20, 2015 | $0.59 | normal |
| Jun 2, 2015 | Jun 18, 2015 | May 21, 2015 | $0.59 | normal |
Home Depot's payout ratio of 56.2% is above the Consumer Cyclical sector average. Compared to its Consumer Cyclical sector average of 34.6%, Home Depot's payout ratio is 62% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| HD Home Depot Inc | 2.56% | $8.52 | 56.2% |
| LOW Lowes Companies Inc | 1.91% | $4.4 | 33.3% |
Yes, Home Depot has paid four dividends in the last twelve months. HD has been paying dividends since 1995.
At this point we don't have a record of HD's next dividend date, but based on the current dividend schedule we project that it will likely be in June 2024.
Home Depot's last dividend ex-date was on Mar 6, 2024. The dividend amount was $2.25 per share.
HD has paid dividend of $8.52 per share in the last year.
The current dividend yield of Home Depot is 2.56%.
Home Depot has a quarterly dividend frequency.
The dividend payout ratio of Home Depot is 56.2%.
Home Depot's dividend yield is higher than the Consumer Cyclical sector average.