HD Dividend Calculator
Calculate how much dividend income The Home Depot, Inc. (HD) could generate with reinvestment. Pre-loaded with HD's current 2.66% yield and 6.9% dividend growth rate.
Dividend Yield: 2.66%
Annual Dividend: $9.26 per share
Share Price: $348.02
Payout Ratio: 65.6%
HD DRIP Calculator
Model HD dividend reinvestment with customizable yield, growth rate, contribution, and time horizon. Compare DRIP vs no-DRIP returns and see year-by-year projection tables.
5-Year Dividend Growth Rate (CAGR): 6.9% per year
Frequently Asked Questions
- What is HD's current dividend yield?
- HD (The Home Depot, Inc.) currently has a dividend yield of 2.66%. This means for every $10,000 invested, you would receive approximately $266 per year in dividend income before taxes.
- How much HD do I need to make $1,000 per month in dividends?
- To earn $1,000 per month ($12,000/year) from HD at its current yield of 2.66%, you would need approximately $451,128 invested. With dividend reinvestment and growth, you may need less over time.
- Does HD pay monthly dividends?
- No, HD pays dividends quarterly (4 times per year). You can build monthly income by combining it with other stocks that pay in different months.
- Is HD's dividend safe?
- HD's payout ratio is 65.6%, which is moderate. While the dividend is currently sustainable, there's less room for earnings fluctuations compared to lower payout ratios.
- What is HD's dividend growth rate?
- HD's 5-year dividend compound annual growth rate (CAGR) is approximately 6.9% per year. This growth rate is pre-loaded into the calculator above to give you a realistic projection.
See full dividend history and analysis on the HD dividend page.