Home Depot Inc (HD) reports EPS of $4.02, beating analyst estimates by $0.34 and is up 26.8% versus the same quarter last year. Revenue of $38.05 billion beats analyst estimates by $3.41 billion and is up 23.4% versus the same quarter last year.
The Company today announced that its board of directors declared a second-quarter cash dividend of $1.50 per share. The dividend is payable on September 17, 2020, to shareholders of record on the close of business on September 3, 2020. This is the 134th consecutive quarter the Company has paid a cash dividend. Home Depot has 11 consecutive years of dividend increases.
Eventually, the Home Depot stock closed at $285 down $-3.24 (-1.12%). The current forward dividend is $6.00 and the dividend yield is 2.08%.
Source: HD press announcement