Home Depot Dividend Increase
On 24 February, Home
Depot (HD) increased its dividend by 1.30%, from $2.30 to $2.33 per share.
Depot (HD) increased its dividend by 1.30%, from $2.30 to $2.33 per share.
The dividend is payable on 26 March to shareholders of record on 12
March.
HD’s contribution to DivGro’s projected annual dividend income will
increase by $6 to $466.
I own 50 shares of HD at an average cost basis of $182.54 per share. Following this increase, my yield on cost
is 5.11%. (TSCO’s forward yield is 2.51% at $371.09 per share).
Since I opened my position in November 2018, the stock has delivered a total return of 132%, including $2,588.76 in dividends. That’s
a splendid annualized rate of return of 12.9%!
HD became DivGro’s 40th Home Run stock in November 2021 when the stock doubled my original capital outlay.
5-Year History of Dividend Payouts by Ex-Date
| 2021 | 2022 | 2023 | 2024 | 2025 | • | 2026 |
| $6.60 | $7.60 | $8.36 | $9.00 | $9.20 | ⬆ | $9.32✝ |
| 10.00% | 15.15% | 10.00% | 7.66% | 2.22% | ⬇ | 1.30% |
| 5-year DGR: | 8.92% | ⬇ |
7.15% |
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✝projected, assuming no further changes
