The Home Depot Declares First Quarter Dividend of $2.25

Rhea-AI Summary

The Home Depot, the world's largest home improvement retailer, announced a first-quarter cash dividend of $2.25 per share, payable on June 13, 2024, to shareholders of record as of May 30, 2024.

This marks the 149th consecutive quarter that the company has issued a cash dividend.

As of the end of Q1 2024, Home Depot operates 2,337 stores across various regions including all 50 U.S. states, Canada, Mexico, and several U.S. territories. The company employs around 465,000 associates.

Home Depot's stock is traded on the NYSE under the ticker symbol HD and is a component of both the Dow Jones Industrial Average and the S&P 500 index.

Positive

• Declared a first-quarter cash dividend of $2.25 per share.
• Payment date set for June 13, 2024.
• Dividend record date is May 30, 2024.
• 149th consecutive quarter with a cash dividend.
• Operates 2,337 stores across multiple regions.
• Employs approximately 465,000 associates.
• Stock traded on the NYSE under the symbol HD.
• Part of the Dow Jones Industrial Average and S&P 500 index.

Negative

• The press release doesn't indicate any financial growth or performance metrics.
• No information on revenue, profit margins, or earnings.

ATLANTA, May 16, 2024 /PRNewswire/ -- The Home Depot^®, the world's largest home improvement retailer, today announced that its board of directors declared a first quarter cash dividend of $2.25 per share. The dividend is payable on June 13, 2024, to shareholders of record on the close of business on May 30, 2024. This is the 149th consecutive quarter the company has paid a cash dividend.

The Home Depot is the world's largest home improvement specialty retailer. At the end of the first quarter of fiscal year 2024, the company operated a total of 2,337 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 465,000 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

FAQ

What is the dividend amount declared by Home Depot for Q1 2024?

Home Depot declared a first-quarter cash dividend of $2.25 per share.

When will Home Depot pay the Q1 2024 dividend?

The Q1 2024 dividend will be payable on June 13, 2024.

What is the record date for Home Depot's Q1 2024 dividend?

The record date for Home Depot's Q1 2024 dividend is May 30, 2024.

How many consecutive quarters has Home Depot paid a cash dividend?

Home Depot has paid a cash dividend for 149 consecutive quarters.

How many stores does Home Depot operate as of Q1 2024?

Home Depot operates 2,337 stores as of Q1 2024.

How many associates does Home Depot employ?

Home Depot employs approximately 465,000 associates.

Where is Home Depot's stock traded?

Home Depot's stock is traded on the New York Stock Exchange (NYSE) under the ticker symbol HD.

Is Home Depot part of any major stock indices?

Yes, Home Depot is included in the Dow Jones Industrial Average and the S&P 500 index.