The Home Depot Declares Third Quarter Dividend Of $1.50

Rhea-AI Summary

The Home Depot announced a $1.50 cash dividend per share for Q3, payable on December 17, 2020, to shareholders on record by December 3, 2020. This marks the 135th consecutive quarter of dividend payments. The company, recognized as the world's largest home improvement retailer, had $110.2 billion in sales and $11.2 billion in earnings in fiscal 2019, operating over 2,295 stores across North America and employing more than 400,000 associates.

Positive

• Announced a cash dividend of $1.50 per share, reflecting strong financial performance.
• 135th consecutive quarterly dividend payment highlights stability and commitment to shareholders.

Negative

• None.

ATLANTA, Nov. 19, 2020 /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 $1.50 per share. The dividend is payable on December 17, 2020, to shareholders of record on the close of business on December 3, 2020. This is the 135th consecutive quarter the company has paid a cash dividend.

The Home Depot is the world's largest home improvement specialty retailer, with 2,295 retail stores in all 50 states, the District of Columbia, Puerto Rico, U.S. Virgin Islands, Guam, 10 Canadian provinces and Mexico. In fiscal 2019, The Home Depot had sales of $110.2 billion and earnings of $11.2 billion. The Company employs more than 400,000 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

When is the Home Depot Q3 dividend payment date?

The Home Depot's Q3 dividend payment date is December 17, 2020.

What is the dividend amount declared by Home Depot for Q3?

Home Depot declared a cash dividend of $1.50 per share for Q3.

Who will receive the Home Depot dividend?

Shareholders of record on December 3, 2020, will receive the dividend.

How often does Home Depot pay dividends?

Home Depot has paid dividends for 135 consecutive quarters, indicating a consistent dividend policy.