These companies have the financial strength to pay you passive income for life.It can be comforting to hold stocks of strong companies that regularly pay passive income to shareholders. By selecting the right dividend stocks, an investor can easily put together a portfolio that yields around 3% every year in dividend income. If the companies you select grow their earnings, they'll also boost the dividend payment and the yield on your original investment.To get you started, three Motley Fool contributors wer ...

Home Depot plans to do away with testing prospective employees for marijuana and will ban screening current staffers for pot, according to a report.The big box retailer — which employs roughly 400,000 people in more than 2,000 locations nationwide — sent memo earlier this week saying that “marijuana will be removed from all drug panels” throughout the company’s US-based operations, according to the news site Marijuana Moment.The directive from the human resources department said the company will also ban te ...

Home Depot's attention to one key customer cohort has been a smart strategy.With trailing-12-month revenue of $152 billion, Home Depot (HD -0.25%) is one of the largest retailers around. Expanding the store base has helped drive up sales over the years, leading to impressive shareholder gains for longtime investors. For example, had you bought the stock 20 years ago, you'd have generated a monster total return of 1,520%.Home Depot clearly dominates the home improvement industry. But I believe there might be ...

These two dividend stocks are a great value, especially relative to the S&P 500.Home Depot (HD -0.39%) and Lowe's (LOW 0.17%) have a combined market cap of over half a trillion dollars. So, when they report earnings, the market tends to listen.Both home improvement giants act as bellwethers for the broader economy, the health of the consumer, and the housing market.Here are some key takeaways from their recent reports and whether either dividend stock is worth buying now. Guidance cutsWall Street hates unce ...

The Home Depot Inc. (HD) has risen 7.3% since reporting second-quarter fiscal 2024 results on Aug 13, 2024. This reflects an outperformance compared with its industry peers and the broader S&P 500 index. Although the stock showed modest growth since its earnings release, HD’s second-quarter fiscal 2024 results spurred mixed sentiments among investors.Home Depot’s second-quarter fiscal 2024 results were mixed. The company exceeded the Zacks Consensus Estimate for earnings per share (EPS) and revenues. Howeve ...

Mixed signals from the home-improvement giant warrant some caution.The latest quarterly update from Home Depot (HD 2.80%) presented several mixed signals. While the home-improvement giant delivered a better-than-expected financial result, soft management guidance overshadowed the report. The stock is down about 8% from its 52-week high, highlighting ongoing consumer-spending uncertainties and the company's exposure to volatile housing-market conditions.Are there enough positives in the outlook to outweigh n ...

Investors will likely see better market conditions for the company in 2025, but they will have to be patient before they see the full benefit of lower interest rates.Some investors are looking at buying The Home Depot (HD 2.80%) stock as a play on the likelihood of a decline in interest rates boosting the housing market and a corresponding increase in spending on home improvement. It's an intriguing idea, but skeptics suggest the housing market recovery may prove sluggish, even in a lower interest-rate envi ...

This leading retailer has produced fantastic returns over the past few decades.Home Depot (HD 1.16%) has made for a phenomenal investment historically. Since their initial public offering in 1981, the shares have generated a monster total return of 2,973,000%. This means a $10,000 investment would be worth just under $300 million today.But what does the future hold for this top retail stock that trades 13% off its peak price? Can Home Depot, which is valued at $353 billion today, reach a trillion-dollar mar ...

Home Depot’s former CEO is calling for the government to tell the truth, as Federal Reserve governors are warning about U.S. jobs data being inflated. During an appearance on "The Evening Edit," Monday, Bob Nardelli suggested that the country’s jobs data is "woefully overstated," arguing that it's "about time" the government "got honest." "You and I watch this very closely every month," Nardelli told host Elizabeth MacDonald in response to Federal Reserve Governors Michelle Bowman and Lisa Cook warning that ...

Shares of the home improvement retailer are rising when they seemingly shouldn't be, further inflating an already-frothy valuation.Are you thinking about buying Home Depot (HD -0.06%) stock? Interested investors are certainly facing something of a conundrum right now. Although shares may still be below their late-2021 pandemic-driven peak, they're up 30% from October's low as well. They're also valued rather richly at a forward-looking price-to-earnings ratio (P/E) of 24. That's well above this ticker's lon ...