Home Depot’s quarterly dividend rises to $2.33, boosting shareholder returns

The Home Depot’s quarterly dividend rose to $2.33 a share, which means 100 shares now produce $233 each quarter, 500 shares bring in $1,165, and 1,000 shares pay $2,330. That cash can help inside a retirement or stock plan, but it is only one part of long-term wealth building, not a replacement for saving, spreading risk, and staying invested through market swings.

The board approved the 1.3% increase on February 24, 2026. The March 2026 dividend was payable on March 26 to shareholders of record on March 12, and the new rate lifted the annualized payout to $9.32 a share. At the time, the stock’s dividend yield was about 2.72%, with a payout ratio around 65%, numbers that show how the company has kept returning cash while still funding stores, supply chains, and inventory for the spring and summer project rush.

Home Depot said it returned $9.2 billion to shareholders in fiscal 2025 through cash dividends, after boosting the quarterly payout from $2.25 to $2.30 in February 2025. The company also said in August 2025 that it had paid cash dividends for 154 consecutive quarters, a streak that stretches across different housing cycles, rate environments, and consumer spending patterns. For associates who track company stock through retirement plans or compensation programs, that kind of consistency is part of the appeal.

The dividend history runs back to 1987, when the company’s annual report said the board declared its first quarterly dividend in recognition of shareholders’ loyalty. Home Depot has since completed nine stock splits since going public, including a three-for-two split on December 30, 1999 and a two-for-one split on July 2, 1998. Its long shareholder-return record now sits alongside more than 2,300 stores across the United States, Canada, and Mexico, and shares trade on the NYSE under HD, with the company included in the Dow Jones industrial average and the S&P 500.