These rock-solid businesses pay yields from 2.44% to 5.49%.Investors who like the idea of having some extra cash regularly deposited in their accounts have a golden opportunity right now. While higher interest rates are making it more expensive for people to buy cars and homes, it's also pushing dividend yields up in the stock market.The S&P 500 average yield is still historically low at 1.32%, but income investors can do better. Here are two outstanding dividend stocks that are trading well off their highs ...

Home Depot has delivered phenomenal returns over its history.You might not know it, but Home Depot (HD -0.88%) is one of the best-performing stocks in the history of the stock market.The home improvement retailer went public in 1981 just three years after the company was founded. At the time it had just six stores, but it grew quickly in its early years. Today, it has more than 2,000 stores, primarily in the U.S.As a stock, Home Depot delivered a phenomenal return of 1,730,000% since its IPO. It would have ...

ATLANTA, July 30, 2024 /PRNewswire/ -- The Home Depot®, the world's largest home improvement retailer, announced today that it will hold its Second Quarter Earnings Conference Call on Tuesday, August 13, at 9 a.m. ET.A webcast will be available by logging onto http://ir.homedepot.com/events-and-presentations and selecting the Second Quarter Earnings Conference Call icon. The webcast will be archived, and the replay will be available beginning at approximately noon on August 13.The Home Depot is the world's ...

Home Depot founder Ken Langone recently shared his investment wisdom on the American Optimist podcast.Home Depot (HD 1.76%) might be seen as one of the most mundane stocks out there today. Unlike more exciting opportunities in technology or healthcare, Home Depot is mostly viewed as a brick-and-mortar retail outlet specializing in home improvement products.Despite its humble profile, however, investors might be shocked to learn that owning Home Depot stock has helped many attain generational wealth. An inve ...

In the latest market close, Home Depot (HD) reached $353.29, with a +0.85% movement compared to the previous day. The stock's performance was ahead of the S&P 500's daily loss of 0.51%. On the other hand, the Dow registered a gain of 0.2%, and the technology-centric Nasdaq decreased by 0.93%. The home-improvement retailer's stock has climbed by 2.48% in the past month, exceeding the RetailWholesale sector's loss of 2.37% and the S&P 500's loss of 0.26%. The upcoming earnings release of Home Depot will be of ...

Core Insights - Companies like Coca-Cola and Home Depot are highlighted as elite dividend payers with strong growth potential despite economic challenges [1] Group 1: Coca-Cola - Coca-Cola's stock has reached new highs in 2024, showing resilience despite economic softness in some regions [2] - The company reported a 15% year-over-year growth in adjusted revenue for Q2, with strong performance in India, Brazil, and the Philippines [2] - Management anticipates a 13% to 15% increase in adjusted earnings for 2024 on a constant-currency basis compared to 2023 [2] - Coca-Cola operates a capital-light business model, generating $10 billion in free cash flow from $46 billion in revenue, with 79% of free cash flow paid as dividends [3] - The company has a 62-year history of increasing dividends, placing it among the 53 "Dividend Kings" [3] - Current quarterly dividend payment is $0.485 per share, resulting in a dividend yield of 2.97%, above the S&P 500 average of 1.32% [3] Group 2: Home Depot - Home Depot's shares have risen this year despite economic headwinds, with potential benefits from future interest rate decreases [4] - Comparable sales declined by 2.8% year-over-year in the fiscal first quarter, with expectations of a 1% decline for the full year due to higher interest rates affecting customer spending [4] - The U.S. home improvement market is valued at $45 trillion, providing Home Depot with a $1 trillion addressable market [4] - The company aims to grow sales through professional contractors and expanding store locations, leveraging its large store sizes for a wider selection [5] - Home Depot has a 37-year history of increasing dividends, paying out 47% of its $17 billion in free cash flow over the last year [5] - Current quarterly dividend payment is $2.25 per share, resulting in a dividend yield of 2.47% [5]

patty_c Introduction As most of my readers may know, I own two consumer stocks: one consumer discretionary and one consumer staple. The consumer staple is PepsiCo (PEP). The cyclical consumer stock is The Home Depot (NYSE:HD), the star of this article. I'm very picky when it comes to buying long-term dividend growth stocks, especially in the consumer space. I prefer to buy companies that operate further up the supply chain, which often comes with bigger moats, pricing power, and a different kind of comp ...

The home improvement store is making a strategic acquisition but is also suffering from pressure on sales from a weak housing market.A couple of analyst updates have highlighted that Home Depot (HD -0.01%) is one of the most fascinating stocks on the market. Here's some information investors should consider before buying the stock.Not all analyst updates are equalJefferies reinstated coverage of Home Depot and immediately slapped a $426 price target on the stock, along with a buy rating. The analyst cited t ...

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Get paid to own shares of these powerhouse companies.Investors who are looking to boost their passive income have come to the right place. There are several solid companies trading at reasonable valuations and offering above-average dividend yields right now. Here's why three Motley Fool contributors like Kraft Heinz (KHC -1.93%), Home Depot (HD -0.74%), and Realty Income (O -0.26%).A high-yielding food stockJohn Ballard (Kraft Heinz): The high inflation environment over the last few years has weighed on Kr ...