DivGro is now DivGro 2.0!

DivGro moved to another platform and is now DivGro 2.0!

Please enjoy complimentary access to all the content on DivGro 2.0 until I formally launch it! You can sign up for free and join nearly 1,400 existing members!

Complimentary access includes my monthly newsletter and articles like
 How to Assess Dividend Quality and The Chowder Ruleand a live spreadsheet of my DivGro Portfolio.

Read more About DivGro 2.0 ...

Wednesday, February 26, 2025

Home Depot Dividend Increase

On 25 February, Home Depot (HD) increased its dividend by 2.22%, from $2.25 to $2.30 per share.
 
The dividend is payable on 27 March to shareholders of record on 13 March. 

HD's contribution to DivGro's projected annual dividend income will increase by $14 to $644.
I own 70 HD shares at an average cost of $202.17 per share. Following this increase, my yield on cost is 4.55%. (HD's forward yield is 2.31% at $398.76 per share.) 

Since opening my position in September 2018, the stock has generated a total return of 118%, including $2,883.20 in dividend income. That's a strong annualized rate of return of 14.8%.

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
202020212022202320242025
$6.00$6.60$7.60$8.36$9.00$9.20
10.29%10.00%15.15%10.00%7.66%2.22%
5-year DGR:10.59%8.92%

projected, assuming no further changes


Thanks for Reading!
You can follow me on TwitterFacebookSeeking Alpha, and TalkMarkets

No comments :

Post a Comment

Please don't include links in comments. I will mark such comments as spam and the comment won't be published. To make me aware of your blog or website, comment on my Blogrole page instead.

Subscribe to Portfolio Insight and Save!

Use my affiliate link to sign up for a free 14-day, no-obligation trial of Portfolio Insight. No credit card required. If you decide to subscribe during the trial period, you'll receive a 20% discount on the first year's annual subscription price of $330. Please note the 20% affiliate discount does not apply to the monthly rate.