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Home Depot (HD) Declares $1.50 Quarterly Dividend; 2.4% Yield

May 19, 2020 6:12 AM EDT

Home Depot (NYSE: HD) declared a quarterly dividend of $1.50 per share, or $6 annualized.

The dividend will be payable on June 18, 2020, to stockholders of record on June 4, 2020, with an ex-dividend date of June 3, 2020.

The annual yield on the dividend is 2.4... More

Home Depot (HD) Misses Q1 EPS by 18c, Revenues Beat; Suspending FY20 Guidance, 'Sales Were Strong at End of 1Q'

May 19, 2020 6:04 AM EDT

Home Depot (NYSE: HD) reported Q1 EPS of $2.08, $0.18 worse than the analyst estimate of $2.26. Revenue for the quarter came in at $28.26 billion versus the consensus estimate of $27.28 billion.

Comparable sales for the first quarter of fiscal 2020 were positive 6.4 percent, and comparable sales in the U.S. were positive 7.5 percent.

"As the COVID-19 pandemic evolved, we anchored to the core values of our Company by focusing on two key priorities: working to ensure the safety and well-being of our associates and customers, and providing our customers and communities with essential products. We took... More