Home Depot Raises Quarterly Dividend 1.3% to $2.33 Per Share
The home improvement retailer declared a quarterly cash dividend of $2.33 per share, up from $2.30, marking its 156th consecutive quarter of dividend payments.
The Home Depot Inc. (NYSE: HD), the world's largest home improvement retailer, declared a quarterly cash dividend of $2.33 per share, representing a 1.3% increase from its previous payment of $2.30 per share. The dividend will be paid to shareholders of record as of March 12, 2026. Read more dividend announcements.
The payment marks the 156th consecutive quarter that Home Depot has distributed a cash dividend to shareholders. The new quarterly rate translates to an annual dividend of $9.32 per share.
The company's board of directors approved the increase following the announcement of fiscal 2025 results. Home Depot reported annual sales of $164.7 billion for fiscal 2025, an increase of 3.2% from the prior year, with net earnings of $14.2 billion.
| Dividend Details | Information |
|---|---|
| Amount | $2.33 per share |
| Previous Amount | $2.30 per share |
| Increase | 1.3% |
| Record Date | March 12, 2026 |
| Payment Date | March 26, 2026 |
| Frequency | Quarterly |
Financial Performance
For the fourth quarter of fiscal 2025, Home Depot reported sales of $38.2 billion, a decrease of 3.8% from the prior year period. The company noted that the fourth quarter of fiscal 2024 included a 14th week that contributed approximately $2.5 billion in sales and $0.30 to diluted earnings per share.
Net earnings for the fourth quarter were $2.6 billion, or $2.58 per diluted share, compared with $3.0 billion, or $3.02 per diluted share, in the same period last year. Comparable sales for the quarter increased 0.4%, with U.S. comparable sales up 0.3%.
For the full fiscal year 2025, Home Depot posted diluted earnings per share of $14.23, compared with $14.91 in fiscal 2024. The company operates 2,359 retail stores and over 1,250 SRS locations across North America and employs more than 470,000 people.
Fiscal 2026 Outlook
Home Depot provided guidance for fiscal 2026, projecting total sales growth of 2.5% to 4.5% and comparable sales growth of flat to 2.0%. The company expects diluted earnings per share to grow flat to 4.0% from the fiscal 2025 level of $14.23.
The retailer plans to open approximately 15 new stores and expects an operating margin of 12.4% to 12.6%. Capital expenditures are projected at approximately 2.5% of total sales.