Home Depot Increases Quarterly Dividend $HD

• Home Depot (NYSE:HD) declares $1.36/share quarterly dividend, 32% increase from prior dividend of $1.03.
• Forward yield 2.86%
• Payable March 28; for shareholders of record March 14; ex-div March 13.

The Company today announced that its board of directors declared a 32.0 percent increase in its quarterly dividend to $1.36 per share.

"As a testament to our commitment to create value for our shareholders and a demonstration of confidence in the business going forward, the board has increased the dividend for the tenth consecutive year," said Menear. The dividend is payable on March 28, 2019, to shareholders of record on the close of business on March 14, 2019. This is the 128th consecutive quarter the Company has paid a cash dividend.

The board of directors also authorized a new $15 billion share repurchase program, replacing its previous authorization.

For more information, visit www.ir.homedepot.com

According to the list of U.S. Dividend Champions, The Home Depot is a Dividend Challengers. HD has a 9-year dividend raising streak.

Dividend Growth Rates
DGR	DGR	DGR	DGR
1-yr	3-yr	5-yr	10-yr
15.7	20.4	21.4	16.4

Dividend Yield Chart:

This is the historical trailing annual dividend yield of The Home Depot Inc. Buying stocks at higher yield relative its historical values is usually more profitable.

Payout Ratio:

This is the historical payout ratio of The Home Depot Inc. If payout ratio is close to or higher than 100%, dividends might not be sustainable.