The Home Depot Declares Third Quarter Dividend of $2.09

Rhea-AI Summary

The Home Depot (NYSE: HD) declares a third-quarter cash dividend of $2.09 per share, payable on December 14, 2023, to shareholders of record on November 30, 2023. This marks the 147th consecutive quarter of cash dividend payments. The company operates 2,333 retail stores in various locations and employs approximately 470,000 associates.

Positive

• The Home Depot's consistent dividend payments demonstrate financial stability and commitment to shareholders.
• The company's extensive retail presence across different regions indicates a strong market position and potential for continued growth.

Negative

• None.

ATLANTA, Nov. 16, 2023 /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 $2.09 per share. The dividend is payable on December 14, 2023, to shareholders of record on the close of business on November 30, 2023. This is the 147th 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 third quarter of fiscal year 2023, the Company operated a total of 2,333 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 470,000 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 The Home Depot?

The dividend declared by The Home Depot is $2.09 per share for the third quarter.

When will the dividend be payable to shareholders?

The dividend will be payable on December 14, 2023, to shareholders of record on November 30, 2023.

How many retail stores does The Home Depot operate?

The Home Depot operates a total of 2,333 retail stores in various locations.

How many associates does The Home Depot employ?

The Home Depot employs approximately 470,000 associates.