Gold prices steady ahead of Fed decision; weekly weakness noted
ATLANTA - The Home Depot, recognized as the world’s largest home improvement retailer, has declared a quarterly cash dividend of $2.30 per share, to be paid out on June 18, 2025. Shareholders who are on record by the close of business on June 5, 2025, will be eligible for the dividend. With a current dividend yield of 2.48%, this marks the company’s 153rd consecutive quarter of paying a cash dividend to its shareholders. According to InvestingPro, Home Depot has maintained dividend payments for 39 consecutive years and has raised its dividend for 15 straight years.
Operating 2,350 retail stores and over 790 branches, The Home Depot has a significant presence across the United States, including all 50 states, the District of Columbia, Puerto Rico, the U.S. Virgin Islands, Guam, as well as in 10 Canadian provinces and Mexico. The company is a substantial employer with a workforce exceeding 470,000 associates. The retail giant generates annual revenue of $163 billion and maintains a market capitalization of $365 billion, with a GOOD overall financial health score according to InvestingPro analysis.
The Home Depot’s stock is publicly traded on the New York Stock Exchange under the ticker symbol NYSE:HD. It is also a component of major stock indices, including the Dow Jones Industrial Average and the Standard & Poor’s 500 index.
The announcement of the dividend is a key piece of information for investors and shareholders, reflecting the company’s financial practices and commitment to returning value to its stockholders. It is a continuation of The Home Depot’s long-standing policy of dividend payouts, which has been consistent over the years.
This information is based on a press release statement from The Home Depot.
In other recent news, Home Depot’s first-quarter 2025 performance has been a focal point for several analyst firms. Guggenheim reaffirmed its Buy rating with a $450 price target, citing a notable increase in comparable store sales and strategic initiatives like enhancing the PRO ecosystem. TD Cowen also maintained a Buy rating with a $470 target, highlighting Home Depot’s effective tariff management and strong momentum into the second quarter. Meanwhile, Baird adjusted its price target to $425 but maintained an Outperform rating, noting steady demand in smaller projects despite economic uncertainties. RBC Capital Markets kept its Sector Perform rating with a $399 price target, expressing concerns about the impact of pricing strategies on earnings while acknowledging improved sales projections. Bernstein raised its price target to $398, maintaining a Market Perform rating, and pointed out challenges such as inconsistent weather and large-scale project slumps affecting sales. Despite these challenges, Home Depot has confirmed its fiscal year 2025 guidance, showing resilience in navigating macroeconomic pressures.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.