The Home Depot, Inc. Declares Quarterly Dividend of $2.33 (NYSE:HD)

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

Home Depot has increased its dividend payment by an average of 0.1%per year over the last three years and has raised its dividend annually for the last 16 consecutive years. Home Depot has a dividend payout ratio of 57.1% indicating that 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 Trading Down 2.9%

Shares of HD stock opened at $334.28 on Friday. The company has a debt-to-equity ratio of 2.64, a current ratio of 1.08 and a quick ratio of 0.28. The company has a market cap of $333.32 billion, a price-to-earnings ratio of 23.39, a PEG ratio of 4.49 and a beta of 0.95. Home Depot has a 1 year low of $289.10 and a 1 year high of $426.75. The firm has a fifty day moving average price of $340.71 and a 200-day moving average price of $340.49.

Home Depot (NYSE:HD) last released its earnings results on Tuesday, August 18th. The home improvement retailer reported $4.92 earnings per share 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 return on equity of 106.42% and a net margin of 8.41%.Home Depot’s quarterly revenue was up 5.7% compared to the same quarter last year. During the same period in the previous year, the business earned $4.68 earnings per share. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. As a group, equities analysts predict that Home Depot will post 14.99 earnings per share for the current year.

Key Home Depot News

Here are the key news stories impacting Home Depot this week:

• Positive Sentiment: Home Depot reported second-quarter adjusted EPS of $4.92 and revenue of $47.86 billion, exceeding consensus estimates of $4.73 and $47.24 billion, respectively. Sales increased 5.7% year over year, supported by professional-customer demand, project activity and improved digital fulfillment. Home Depot Q2 Earnings Call Spotlights Pro Momentum and Cost Pressures
• Positive Sentiment: Several analysts remain constructive: DA Davidson, Argus and Guggenheim reaffirmed Buy ratings, with price targets of $377, $400 and $425, respectively. Analysts cited solid execution and the potential for recovery in home-improvement demand. Analysts Revise Forecasts on Home Depot After Q2 Earnings
• Positive Sentiment: The board declared a quarterly dividend of $2.33 per share, payable September 17 to shareholders of record September 3. The dividend provides an annualized payout of approximately $9.32 and a yield near 2.8%. The Home Depot Declares Quarterly Dividend of $2.33
• Neutral Sentiment: Royal Bank of Canada lowered its price target modestly from $343 to $342 and maintained a Sector Perform rating, while KeyCorp reaffirmed Sector Weight. The mixed ratings limit the read-through from the broader analyst response. Royal Bank of Canada Lowers Home Depot Price Target
• Negative Sentiment: Elevated mortgage rates are discouraging large renovations and causing customers to focus on smaller maintenance projects. Home Depot is responding with nationwide express delivery, but the shift may constrain sales of higher-margin big-ticket merchandise. Home Depot and Lowe’s Battle Over the Housing Market’s Maintenance Economy
• Negative Sentiment: Analysts noted that a roughly $730 million tariff refund helped the quarter, while rising fuel, energy and other costs offset much of the benefit. This raises concerns about the sustainability of earnings improvement and margin pressure. Home Depot’s $730 Million Tariff Refund Was Largely Offset by Rising Costs

Home Depot Company Profile

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.