The Home Depot Declares Third Quarter Dividend of $1.90
The Home Depot, the largest home improvement retailer, declared a $1.90 cash dividend per share for the third quarter.
Sentiment and the balance of points
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Rhea-AI Summary
The Home Depot, the largest home improvement retailer, declared a $1.90 cash dividend per share for the third quarter. This dividend is set to be paid on December 15, 2022, to shareholders of record by the close of business on December 1, 2022. This marks the 143rd consecutive quarter of cash dividends paid. At the end of Q3 2022, The Home Depot operated 2,319 retail stores across the U.S., Canada, and Mexico, employing approximately 500,000 associates. The company's stock trades on the NYSE under the ticker HD.
Positive
- Declared a cash dividend of $1.90 per share.
- 143 consecutive quarters of cash dividends demonstrates strong shareholder returns.
- Operates 2,319 retail stores, indicating significant market presence.
Negative
- None.
Details
News Market Reaction – HD
The recorded move for HD in the trading session of this news was +0.56%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
ATLANTA, Nov. 17, 2022 /PRNewswire/ -- The Home Depot®, the world's largest home improvement retailer, today announced that its board of directors declared a third quarter cash dividend of
The Home Depot is the world's largest home improvement specialty retailer. At the end of the third quarter of fiscal 2022, the Company operated a total of 2,319 retail stores in all 50 states, the District of Columbia, Puerto Rico, the U.S. Virgin Islands, Guam, 10 Canadian provinces and Mexico. The Company employs approximately 500,000 associates. The Home Depot's stock is traded on the New York Stock Exchange (NYSE: HD) and is included in the Dow Jones industrial average and Standard & Poor's 500 index.
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SOURCE The Home Depot
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