The Home Depot Declares Third-Quarter Dividend of $2.25
Rhea-AI Summary
The Home Depot (NYSE: HD), the world's largest home improvement retailer, has announced a third-quarter cash dividend of $2.25 per share. The dividend will be paid on December 12, 2024, to shareholders of record as of November 27, 2024. This marks the company's 151st consecutive quarterly dividend payment. The company currently operates 2,345 retail stores and over 780 branches across the United States, its territories, Canada, and Mexico, employing more than 465,000 associates.
Positive
- Maintains consistent dividend payment for 151 consecutive quarters, demonstrating financial stability
- Sustains substantial quarterly dividend of $2.25 per share
- Extensive retail presence with 2,345 stores and 780 branches across North America
Negative
- None.
News Market Reaction – HD
In the trading session that priced this news, HD gained 0.61%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
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 third quarter, the company operated a total of 2,345 retail stores and over 780 branches across all 50 states, the
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SOURCE The Home Depot