How Much Will Home Depot Pay Out in Dividends This Year?

Core Viewpoint - Home Depot is committed to returning cash to shareholders through consistent dividend payments and has a strong history of dividend growth despite economic challenges [1][2]. Dividend History and Payout Ratio - Home Depot has paid a quarterly dividend since 1987 and has increased it for 15 consecutive years, with no cuts in its dividend history [2]. - The current payout ratio is 58.4%, indicating a healthy balance that allows for continued dividend increases without immediate risk [2]. Market Position and Growth Strategy - Despite facing challenges from rising interest rates, Home Depot has achieved a total return of 12% in 2024 [3]. - The company acquired SRS Distribution for approximately $18.25 billion, increasing its net debt by 34.1% to $54.1 billion, but this acquisition is expected to add $50 billion in potential annual revenue to its addressable market [3]. - Home Depot remains a market leader in the home improvement sector, with a strong outlook for future dividend growth [3].