Looking for Foundational Dividend Stocks to Build Your Portfolio Around? Consider This Dow Jones Passive Income Powerhouse
Home Depot (NYSE: HD) is a retailer that needs no introduction. The company has over 2,300 stores across North America -- making it a well-known one-stop-shop for do-it-yourself tasks, professional contractors, and a services segment that can help customers with their home improvement projects.Home Depot's expansion has corresponded with a strong stock performance. Its market capitalization has jumped from around $50 billion 15 years ago to over $380 billion today. As an industry leader and a component of both the S&P 500 (SNPINDEX: ^GSPC) and Dow Jones Industrial Average (DJINDICES: ^DJI), Home Depot is about as blue chip as it gets.Here's why Home Depot remains a foundational dividend stock that passive income investors can build their portfolio around for 2025 and beyond.Continue reading
Home Depot (NYSE: HD) is a retailer that needs no introduction. The company has over 2,300 stores across North America -- making it a well-known one-stop-shop for do-it-yourself tasks, professional contractors, and a services segment that can help customers with their home improvement projects.
Home Depot's expansion has corresponded with a strong stock performance. Its market capitalization has jumped from around $50 billion 15 years ago to over $380 billion today. As an industry leader and a component of both the S&P 500 (SNPINDEX: ^GSPC) and Dow Jones Industrial Average (DJINDICES: ^DJI), Home Depot is about as blue chip as it gets.
Here's why Home Depot remains a foundational dividend stock that passive income investors can build their portfolio around for 2025 and beyond.
