Table of Content
Home Depot's dividend yield is lower than the Consumer Cyclical sector average. In general, dividend yields of 2% to 4% are considered strong, and anything above 4% can be a great buy—but also a risky one. When comparing stocks, it’s important to look at more than just the dividend yield. A range of 35% to 55% is considered healthy and appropriate from a dividend investor’s point of view. A company that is likely to distribute roughly half of its earnings as dividends means that the company is well established and a leader in its industry. Interestingly, by not issuing a semi-annual dividend, Disney saves $1.6 billion in cash based on the $0.88 per share dividend it paid in January 2020.
Add HD to your watchlist to be reminded of HD's next dividend payment. The company has been generating enough cash from its business to also consistently pay a dividend since 1987. It doesn't qualify as a Dividend Aristocrat because it hasn't increased the payout every year for at least 25 consecutive years.
What is Netflix dividend?
However, slowing growth affects neither the sustainability of the payout nor the company's ability to maintain the dividend. If you're looking for a safe, stable source of above-average yield in the retail sector, Home Depot stacks up well against other stocks. Stocks Bank of America Corporation and Home Depot, Inc. are similar in terms of market cap compared to Home Depot Inc stock. You already know HD has paid 94 dividend payouts since Nov 30, 1999. Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Home Depot.
Home Depot shareholders who own HD stock before this date received Home Depot's last dividend payment of $1.9 per share on Dec 15, 2022. Apple's next ex-dividend date has not been announced yet. As Buffett suggests, that means generating enough cash to first reinvest and grow the business. Schedule monthly income from dividend stocks with a monthly payment frequency.
Home Depot Dividend Yield: 2.35% for Dec. 16, 2022
Shareholders have been well rewarded with a consistent dividend payment since 1987. If the last five payouts show limited variability, we estimate future payouts equal to the most recent one. Build conviction from in-depth coverage of the best dividend stocks.
All DividendMax content is provided for informational and research purposes only and is not in any way meant to represent trade or investment recommendations. We accept no liability whatsoever for any decision made or action taken or not taken. Nothing shall substitute for the independent investigations and sound judgement of our users. In recent years Home Depot has been increasing its dividends. Add Home Depot, Inc. to receive free notifications when they declare their dividends.
HD dividend yield vs industry/market
With this kind of cash flow, it's no wonder that the company has paid a dividend for 34 straight years. This feat is even more impressive considering Home Depot's business is inherently cyclical. Home Depot is the largest home improvement retailer when measured by sales. In its latest fiscal year, which ended on Jan. 31, its sales were $132.9 billion, up by about 20%. The company doesn't just generate a hefty amount of top-line growth -- it also produces an increasing amount of profit.
Starting in 2010, it has boosted the rate annually, starting from 2009's $0.225. A steady dividend schedule is a reflection of the financial strength of a stock. At the same time, one should never forget that high growth companies may choose to invest the earnings in future projects. Dividend Yield is Home Depot dividend as a percentage of Home Depot stock price. Home Depot dividend yield is a measure of Home Depot stock productivity, which can be interpreted as interest rate earned on an Home Depot investment. Dividend Yield measures the ratio between a company's Dividends per Basic Common Share and its .
A component of Net Cash Flow from Financing representing dividends and dividend equivalents paid on common stock and restricted stock units. HD has paid dividend of $7.6 per share in the last year. Estimates are not provided for securities with less than 5 consecutive payouts. Helpful articles on different dividend investing options and how to best save, invest, and spend your hard-earned money. The next Home Depot, Inc. dividend is expected to go ex in 3 months and to be paid in 3 months.
To provide a wide sampling, Yelp offers customer reviews of 250 individual Lowe’s and Home Depot stores across five major U.S. metropolitan areas. On a five-star system, Home Depot slightly edged out Lowe’s by a half-star. Certain financial information included in Dividend.com is proprietary to Mergent, Inc. ("Mergent") Copyright © 2014.
Home Depot dividends can also provide a clue to the current valuation of Home Depot. Home Depot's dividend is lower than the US industry average of 3.65%, and it is lower than the US market average of 4.03%. To calculate dividend yield, all you have to do is divide the annual dividends paid per share by the price per share. For example, if a company paid out $5 in dividends per share and its shares currently cost $150, its dividend yield would be 3.33%.
That's why investors frequently use a static breakdown of Home Depot payment of dividends and other cash distributions as a starting point in their analysis. A stock’s dividend yield is the annual dividend divided by the stock’s trading price. Apple’s annual dividend in 2021 was $0.88 ($0.22 paid quarterly). Based on Apple’s stock price as of March 1, 2022 of around $163 per share, the dividend yield is approximately 0.50%. The company currently pays a dividend yield of 1.8% and has increased the dividend for 12 consecutive years.
Ex-dividend dates are significant because investors in Home Depot must own a stock before its ex-dividend date to receive its next dividend. Yes, Home Depot has paid four dividends in the last twelve months. Home Depot's payout ratio of 45.6% is above the Consumer Cyclical sector average. Compared to its Consumer Cyclical sector average of 31.4%, Home Depot's payout ratio is 45% higher.
Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist.
No comments:
Post a Comment