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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


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