Home Depot Common Stock (NYSE: HD)

Home Depot Inc. is a publicly traded company listed on the New York Stock Exchange (NYSE) under the ticker symbol "HD". Home Depot is a component of the Dow 30 and the S&P 500 Index.

Home Depot operates in the home improvement retail industry, providing a wide range of products and services for home improvement, construction, and maintenance. The company sells various products, including building materials, appliances, tools, hardware, and garden supplies, among others. Home Depot also offers installation services, tool and equipment rental, and home improvement education and workshops. The home improvement retail industry is part of the broader retail sector, specifically the consumer discretionary sector, which includes companies that provide non-essential goods and services to consumers.

Home Depot is classified under the GICS (Global Industry Classification Standard) code 10102010 - Home Improvement Retail. This code is under the Consumer Discretionary sector, which includes companies that provide goods and services that are considered non-essential but desirable, such as retail, media, and hospitality.

As a publicly traded company, Home Depot's stock price is subject to fluctuations based on a variety of factors, including the company's financial performance, global economic conditions, and industry trends. Home Depot also pays a dividend to its shareholders, although the amount and frequency of the dividend payments may vary depending on the company's financial results and other factors.

Investors who are interested in buying or selling Home Depot stock can do so through a brokerage account or an online trading platform. It's important to keep in mind that investing in stocks carries risks, and past performance is not necessarily indicative of future results. Therefore, it's always recommended to do your own research and consult with a licensed financial advisor before making any investment decisions.

Home Depot Common Stock Dividend

Home Depot currently pays a quarterly dividend of $2.09 per share to its shareholders. Home Depot typically pays dividends in March, June, September and December of each calendar year.



About Home Depot (NYSE: HD)

The Home Depot is the largest home improvement retailer in the United States and operates over 2,200 stores in North America. It is the second largest retailer overall (behind Walmart). The company employs over 400,000 people and is consistently ranked as one of the best places to work in the United States.

The Home Depot was co-founded by Bernie Marcus and Arthur Blank in Atlanta, Georgia, both of whom had previously worked for a home improvement retailer called Handy Dan. Marcus and Blank were fired from Handy Dan shortly before starting Home Depot, which they envisioned as a "one-stop shop" for DIY homeowners and professional contractors.

Home Depot started with just two stores in Atlanta. Throughout the 1980s and 1990s, Home Depot continued to expand, opening stores in new markets and introducing new products and services, such as tool rental and installation services. The company went public in 1981 and continued to experience strong growth and success in the following years.

In 2000, Home Depot expanded beyond the United States by acquiring the home improvement retailer Aikenhead's in Canada. The company continued to expand internationally, opening stores in Mexico, China, and other countries over the years.

Today, Home Depot is a Fortune 500 company with over 400,000 employees. It remains a leading retailer in the home improvement industry and continues to innovate and expand its offerings to meet the evolving needs of customers.

Home Depot offers a wide range of products, including building materials, appliances, tools, gardening equipment, and home decor items.

Home Depot has a strong focus on customer service and has been recognized for its knowledgeable staff and helpful in-store experience. The company also offers a variety of online services, including online ordering, in-store pickup, and home delivery.

In addition to its retail operations, Home Depot also provides professional installation services for a variety of home improvement projects. The company has a large network of independent contractors and offers installation services for everything from kitchen cabinets to flooring to roofing.

Home Depot has a strong commitment to sustainability and has implemented a number of environmentally-friendly initiatives, including recycling programs and energy-efficient lighting and HVAC systems in its stores.

The company has been expanding its online presence in recent years and has invested heavily in its e-commerce capabilities. In 2020, online sales accounted for over 14% of Home Depot's total revenue.

Home Depot is a publicly traded company and is listed on the New York Stock Exchange (NYSE) under the ticker symbol HD.

Home Depot is a component of the Dow Jones Industrial Average (Dow 30) and is included in the S&P 500 index. The company has a market capitalization of over $300 billion and is one of the largest retailers in the world.

  • The results of the world's largest home-improvement specialty retailer are tied to consumers' willingness to buy for their homes and to the operating efficiency of the company. The question for stock investors is whether both factors will be strong enough to provide robust returns going forward