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The Home Depot (HD) 3-Year Dividend Growth Rate

: 11.70% (As of Jan. 2024)
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The Home Depot's Dividends per Share for the three months ended in Jan. 2024 was $2.09.

The historical rank and industry rank for The Home Depot's 3-Year Dividend Growth Rate or its related term are showing as below:

HD' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 1.6   Med: 23.85   Max: 152
Current: 11.7

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of The Home Depot was 152.00% per year. The lowest was 1.60% per year. And the median was 23.85% per year.

HD's 3-Year Dividend Growth Rate is ranked better than
50.77% of 388 companies
in the Retail - Cyclical industry
Industry Median: 11.1 vs HD: 11.70

During the past 12 months, The Home Depot's average Dividends Per Share Growth Rate was 10.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 11.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 14.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 18.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

The Home Depot's Dividend Payout Ratio for the three months ended in Jan. 2024 was 0.74. As of today, The Home Depot's Dividend Yield % is 2.55%.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Home Improvement Retail subindustry, The Home Depot's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


The Home Depot 3-Year Dividend Growth Rate Distribution

For the Retail - Cyclical industry and Consumer Cyclical sector, The Home Depot's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where The Home Depot's 3-Year Dividend Growth Rate falls into.



The Home Depot 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


The Home Depot  (NYSE:HD) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

The Home Depot's Dividend Payout Ratio for the quarter that ended in Jan. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jan. 2024 )/ EPS without NRI (Q: Jan. 2024 )
=2.09/ 2.82
=0.74

During the past 13 years, the highest Dividend Payout Ratio of The Home Depot was 0.55. The lowest was 0.40. And the median was 0.44.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

The Home Depot Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 2.2502024-03-062024-03-072024-03-21Cash DividendquarterlyUSD:USD 1.000000
USD 2.0902023-11-292023-11-302023-12-14Cash DividendquarterlyUSD:USD 1.000000
USD 2.0902023-08-302023-08-312023-09-14Cash DividendquarterlyUSD:USD 1.000000
USD 2.0902023-05-312023-06-012023-06-15Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

The Home Depot's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=8.52/332.89
=2.56 %

Current Share Price is $332.89.
The Home Depot's Dividends per Share for the trailing twelve months (TTM) ended in Today is $8.52.

During the past 13 years, the highest Dividend Yield of The Home Depot was 3.58%. The lowest was 1.55%. And the median was 2.00%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


The Home Depot 3-Year Dividend Growth Rate Related Terms>


The Home Depot (HD) Business Description

Address
2455 Paces Ferry Road, Atlanta, GA, USA, 30339
Home Depot is the world's largest home improvement specialty retailer, operating more than 2,300 warehouse-format stores offering more than 30,000 products in store and 1 million products online in the United States, Canada, and Mexico. Its stores offer numerous building materials, home improvement products, lawn and garden products, and decor products and provide various services, including home improvement installation services and tool and equipment rentals. The acquisition of distributor Interline Brands in 2015 allowed Home Depot to enter the maintenance, repair, and operations business, which has been expanded through the tie-up with HD Supply (2020). Moreover, the additions of the Company Store brought textile exposure to the lineup, while Redi Carpet added multifamily flooring.
Executives
William D Bastek officer: EVP, Merchandising 2455 PACES FERRY RD., SE, C-20, ATLANTA GA 30339
Ann Marie Campbell officer: EVP - U.S. Stores 2455 PACES FERRY ROAD, ATLANTA GA 30339
Kimberly R Scardino officer: SVP-Finance, CAO & Controller 108 WILMOT ROAD, DEERFIELD IL 60015
Richard V Mcphail officer: EVP & CFO 2455 PACES FERRY RD SE, ATLANTA GA 30339
Timothy A. Hourigan officer: EVP - Human Resources 2455 PACES FERRY RD, SE, ATLANTA GA 30339
Fahim Siddiqui officer: EVP and CIO 2455 PACES FERRY RD., SE, ATLANTA GA 30339
Teresa Wynn Roseborough officer: EVP, Gen. Counsel & Corp. Sec. 2455 PACES FERRY ROAD NW, C-20, ATLANTA GA 30339
Hector A Padilla officer: EVP - Outside Sales & Service 2455 PACES FERRY RD., SE, ATLANTA GA 30339
Jeffrey G Kinnaird officer: EVP - Merchandising 2455 PACES FERRY RD., SE, C-20 LEGAL AFFAIRS, ATLANTA GA 30339
Edward P. Decker officer: EVP, Merchandising 2455 PACES FERRY RD NW, C-20, ATLANTA X1 30339
Matt Carey officer: EVP & CIO 11216 WAPLES MILL ROAD SUITE 100, FAIRFAX VA 22030
Paula Santilli director PEPSICO, INC., 700 ANDERSON HILL ROAD, PURCHASE NY 10577
Becker Caryn Seidman director 65 EAST 55TH STREET, 17TH FLOOR, NEW YORK NY 10022
John A. Deaton officer: EVP - Supply Chain & Prod. Dev 2455 PACES FERRY RD., SE, ATLANTA GA 30339
Craig A Menear director, officer: Chairman & CEO 1436 PEACHTREE BATTLE AVENUE, ATLANTA GA 30327

The Home Depot (HD) Headlines

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