Why Home Depot Stock Popped by Nearly 4% on Friday
The company maintains its reputation as a not-bad dividend stock in the retail sector.Shareholders in Home Depot (HD 3.84%) are getting more coins in their pockets, and they reacted happily to this news on Friday. As a group, they pushed the DIY retailer's stock up by almost 4% during that trading session, a lift that was more than good enough to beat the S&P 500 index's rather frothy 1.5% increase.Extending the long history of the dividendJust after market close on Thursday, Home Depot announced that its b ...