The Home Depot Declares Second Quarter Dividend of $1.65

Rhea-AI Summary

The Home Depot, the largest home improvement retailer globally, has declared a second quarter cash dividend of $1.65 per share. This dividend will be payable on September 16, 2021, to shareholders recorded by the close of business on September 2, 2021. This marks the 138th consecutive quarter of dividend payments from the company. In fiscal 2020, The Home Depot reported sales of $132.1 billion and earnings of $12.9 billion, employing approximately 500,000 associates.

Positive

• Declaration of a second quarter cash dividend of $1.65 per share.
• 138 consecutive quarters of dividend payments demonstrate stability.
• Strong revenue performance with $132.1 billion in sales for fiscal 2020.

Negative

• None.

ATLANTA, Aug. 19, 2021 /PRNewswire/ -- The Home Depot^®, the world's largest home improvement retailer, today announced that its board of directors declared a second quarter cash dividend of $1.65 per share. The dividend is payable on September 16, 2021, to shareholders of record on the close of business on September 2, 2021. This is the 138th consecutive quarter the company has paid a cash dividend.

The Home Depot is the world's largest home improvement specialty retailer. The Company operates a total of 2,298 Home Depot retail stores in all 50 states, the District of Columbia, Puerto Rico, U.S. Virgin Islands, Guam, 10 Canadian provinces and Mexico. In fiscal 2020, The Home Depot had sales of $132.1 billion and earnings of $12.9 billion. 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

FAQ

What is the dividend amount declared by Home Depot for the second quarter?

The Home Depot declared a dividend of $1.65 per share for the second quarter.

When is the dividend payable?

The dividend is payable on September 16, 2021.

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

The record date for the dividend is September 2, 2021.

How many consecutive quarters has Home Depot paid a dividend?

Home Depot has paid dividends for 138 consecutive quarters.

What were Home Depot's sales in fiscal 2020?

Home Depot reported sales of $132.1 billion in fiscal 2020.