Is Home Depot a Great Dividend Stock?
Home Depot (NYSE: HD) has offered massive returns to investors over the years. It started as a home improvement retailer in metro Atlanta, and long-term investors benefited as the company expanded across the U.S. and beyond.
However, when looking at this company, investors may overlook the outsized benefits offered by the dividend. This too has seen impressive gains over the decades. It began at a split-adjusted quarterly payout of just $0.000439 per share in 1987. Home Depot's current quarterly dividend of $1.50 per share is about 3,417 times higher than its original payout.
Source Fool.com
