The Home Depot Declares First Quarter Dividend Of 89 Cents

ATLANTA, May 18, 2017 /PRNewswire/ -- The Home Depot®, the world's largest home improvement retailer, today announced that its board of directors declared a first quarter cash dividend of 89 cents per share. The dividend is payable on June 15, 2017, to shareholders of record on the close of business on June 1, 2017. This is the 121st consecutive quarter the company has paid a cash dividend.

The Home Depot is the world's largest home improvement specialty retailer, with 2,281 retail stores in all 50 states, the District of Columbia, Puerto Rico, U.S. Virgin Islands, Guam, 10 Canadian provinces and Mexico. In fiscal 2016, The Home Depot had sales of $94.6 billion and earnings of $8.0 billion. The Company employs more than 400,000 associates. The Home Depot's stock is traded on the New York Stock Exchange (NYSE: HD) and is included in the Dow Jones industrial average and Standard & Poor's 500 index.

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SOURCE The Home Depot