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Friday, 04/14/2023 3:48:19 PM

Friday, April 14, 2023 3:48:19 PM

Post# of 143
>>> The Home Depot, Inc. (NYSE:HD) - Number of Hedge Fund Holders: 62


https://finance.yahoo.com/news/14-cheap-quarterly-dividend-stocks-161933738.html


Dividend Yield as of 3/29: 2.95%

The Home Depot, Inc. (NYSE:HD) shares are down over 10.29% year to date and have a forward P/E ratio of 16.85 as of March 29 given the sluggish growth expected in the home improvement industry this year. As a result of the sluggishness, The Home Depot, Inc. (NYSE:HD) sees sales growth and comparable sales growth for fiscal 2023 to be approximately flat compared to fiscal 2022. Despite the headwinds, The Home Depot, Inc. (NYSE:HD)'s board of directors in February 2023 authorized a 10% increase in the quarterly dividend to $2.09 per share, which equates to an annual dividend of $8.36 per share.

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