The Home Depot Declares Second Quarter Dividend of $2.25
The Home Depot (NYSE: HD), the world's largest home improvement retailer, has announced a second quarter cash dividend of $2.25 per share.
Sentiment and the balance of points
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Rhea-AI Summary
The Home Depot (NYSE: HD), the world's largest home improvement retailer, has announced a second quarter cash dividend of $2.25 per share. This dividend will be payable on September 12, 2024, to shareholders of record as of the close of business on August 29, 2024. This marks the 150th consecutive quarter that the company has paid a cash dividend, demonstrating a consistent commitment to shareholder returns.
As of the end of the second quarter, Home Depot operated 2,340 retail stores and over 760 branches across various locations, including all 50 U.S. states, Canada, and Mexico. The company employs more than 465,000 associates and is included in both the Dow Jones Industrial Average and the S&P 500 index.
Positive
- Consistent dividend payment for 150 consecutive quarters
- Large retail presence with 2,340 stores and 760+ branches
- Significant workforce of over 465,000 employees
- Inclusion in major stock indices (Dow Jones and S&P 500)
Negative
- None.
Details
News Market Reaction – HD
The recorded move for HD in the trading session of this news was +0.55%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
The Home Depot is the world's largest home improvement specialty retailer. At the end of the second quarter, the company operated a total of 2,340 retail stores and over 760 branches across all 50 states, the
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SOURCE The Home Depot
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