Home Depot Just Raised Its Dividend by The Lowest Amount In 15 Years. Here's Why the Dow Jones Dividend Stock Is Still Worth Buying Now.
Home Depot (NYSE: HD) stock popped 2.8% on Tuesday despite reporting weak fiscal 2024 results and fiscal 2025 guidance.In addition to its results, Home Depot announced a mere 2.2% dividend raise, which was the smallest increase since the home improvement company began raising its payout in 2010.Here's why the Dow Jones Industrial Average component is still worth buying despite what is likely to be another sluggish year of earnings growth.Continue reading
Home Depot (NYSE: HD) stock popped 2.8% on Tuesday despite reporting weak fiscal 2024 results and fiscal 2025 guidance.
In addition to its results, Home Depot announced a mere 2.2% dividend raise, which was the smallest increase since the home improvement company began raising its payout in 2010.
Here's why the Dow Jones Industrial Average component is still worth buying despite what is likely to be another sluggish year of earnings growth.
