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The Home Depot, Inc. operates as a home improvement retailer. It operates The Home Depot stores that sell various building materials, home improvement products, lawn and garden products, and décor products, as well as facilities maintenance, repair, and operations products The company also offers installation services for flooring, cabinets and cabinet makeovers, countertops, furnaces and central air systems, and windows. In addition, it provides tool and equipment rental services. The company primarily serves homeowners; and professional renovators/remodelers, general contractors, maintenance professionals, handymen, property managers, building service contractors, and specialty tradesmen, such as electricians, plumbers, and painters. It also sells its products through websites, including homedepot.com; blinds.com, an online site for custom window coverings; and thecompanystore.com, an online site for textiles and décor products. As of December 31, 2021, the company operated 2,317 stores in the United States. The Home Depot, Inc. was incorporated in 1978 and is based in Atlanta, Georgia.

Home Depot Dividend Announcement

Home Depot announced a quarterly dividend of $2.25 per ordinary share which will be made payable on 2024-09-12. Ex dividend date: 2024-08-29
Home Depot annual dividend for 2024 was $6.75
Home Depot annual dividend for 2023 was $8.36
Home Depot's trailing twelve-month (TTM) dividend yield is 2.13%
Home Depot's payout ratio for the trailing twelve months (TTM) is 58.41%
Home Depot's dividend growth over the last five years (2018-2023) was 15.20% year
Home Depot's dividend growth over the last ten years (2013-2023) was 18.28% year

Home Depot Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-29$2.25quarterly2024-09-12
2024-05-30$2.25quarterly
2024-03-06$2.25quarterly2024-03-21
2023-11-29$2.09quarterly2023-12-14
2023-08-30$2.09quarterly2023-09-14
2023-05-31$2.09quarterly2023-06-15
2023-03-08$2.09quarterly2023-03-23
2022-11-30$1.90quarterly2022-12-15
2022-08-31$1.90quarterly2022-09-15
2022-06-01$1.90quarterly2022-06-16
2022-03-09$1.90quarterly2022-03-24
2021-12-01$1.65quarterly2021-12-16
2021-09-01$1.65quarterly2021-09-16
2021-06-02$1.65quarterly2021-06-17
2021-03-10$1.65quarterly2021-03-25
2020-12-02$1.50quarterly2020-12-17
2020-09-02$1.50quarterly2020-09-17
2020-06-03$1.50quarterly2020-06-18
2020-03-11$1.50quarterly2020-03-26
2019-12-04$1.36quarterly2019-12-19
2019-09-04$1.36quarterly2019-09-19
2019-06-05$1.36quarterly2019-06-20
2019-03-13$1.36quarterly2019-03-28
2018-11-28$1.03quarterly2018-12-13
2018-08-29$1.03quarterly2018-09-13
2018-05-30$1.03quarterly2018-06-14
2018-03-07$1.03quarterly2018-03-22
2017-11-29$0.89quarterly2017-12-14
2017-08-29$0.89quarterly2017-09-14
2017-05-30$0.89quarterly2017-06-15
2017-03-07$0.89quarterly2017-03-23
2016-11-29$0.69quarterly2016-12-15
2016-08-30$0.69quarterly2016-09-15
2016-05-31$0.69quarterly2016-06-16
2016-03-08$0.69quarterly2016-03-24
2015-12-01$0.59quarterly2015-12-17
2015-09-01$0.59quarterly2015-09-17
2015-06-02$0.59quarterly2015-06-18
2015-03-10$0.59quarterly2015-03-26
2014-12-02$0.47quarterly2014-12-18
2014-09-02$0.47quarterly2014-09-18
2014-06-03$0.47quarterly2014-06-19
2014-03-11$0.47quarterly2014-03-27
2013-12-03$0.39quarterly2013-12-19
2013-09-03$0.39quarterly2013-09-19
2013-06-04$0.39quarterly2013-06-20
2013-03-12$0.39quarterly2013-03-28

Home Depot Dividend per year

Home Depot Dividend growth

Home Depot Dividend Yield

Home Depot current trailing twelve-month (TTM) dividend yield is 2.13%. Interested in purchasing Home Depot stock? Use our calculator to estimate your expected dividend yield:

Home Depot Financial Ratios

P/E ratio27.84
PEG ratio-83.30
P/B ratio93.05
ROE678.08%
Payout ratio58.41%
Current ratio1.15
Quick ratio0.33
Cash Ratio0.06

Home Depot Dividend FAQ

How much is the next Home Depot dividend?
Home Depot's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Home Depot dividend. The next Home Depot dividend will be released in March, May, August, or November.
When is Home Depot dividend paid?
Home Depot pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Home Depot pay?
The specific amount of Home Depot dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Home Depot's dividend history.
Does Home Depot stock pay dividends?
Yes, Home Depot does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Home Depot's dividend history.
How much dividend does Home Depot pay?
Home Depot paid $6.75 in 2024, $8.36 in 2023, $7.6 in 2022, $6.6 in 2021, and $6.0 in 2020.
How often does Home Depot pay dividends?
Home Depot typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, May, August, and November.
What is Home Depot's dividend yield?
The current dividend yield for Home Depot is 2.13%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Home Depot's exact dividend yield.
When does Home Depot go ex dividend?
Home Depot's ex-dividend date for the latest dividend was on 2024-08-29. Home Depot typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Home Depot dividend paid?
Home Depot pays dividends on a quarterly basis, typically around March, May, August, or November, but the exact dates can vary each year.
Will Home Depot increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Home Depot will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Home Depot dividend per share?
Home Depot paid $6.75 per share in 2024 and $8.36 per share in 2023. The amount of dividend per share that Home Depot pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Home Depot a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Home Depot a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Home Depot a dividend stock?
Yes, Home Depot is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Home Depot a good dividend stock?
Whether Home Depot is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Home Depot has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Home Depot as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Home Depot pay dividends monthly?
Home Depot typically pays dividends on a quarterly basis.
Does Home Depot pay dividends quarterly?
Home Depot currently pays dividends on a quarterly basis.
Has Home Depot ever paid a dividend?
Yes, Home Depot has a history of paying dividends to its shareholders. Home Depot is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Home Depot dividend stocks?
To buy Home Depot you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Home Depot stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Home Depot pay dividends 2024?
Home Depot pays dividends on a quarterly basis. 2024 dividend payments are in 2024-09-12. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Home Depot increase its dividend in 2024?
Decisions regarding Home Depot dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Home Depot dividend overview you can look into the above table of dividend history.
How Home Depot dividend works?
The Home Depot dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Home Depot's dividend process works:

1. Determination of Dividend: Home Depot's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Home Depot publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Home Depot distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Home Depot are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Home Depot dividends paid?
Home Depot dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Home Depot sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Home Depot distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Home Depot declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Home Depot pay dividends?
Home Depot typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Home Depot pay dividends?
The general pattern is that Home Depot pays dividends around March, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Home Depot dividend safe?
The safety of Home Depot's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Home Depot's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Home Depot's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.