All It Takes Is 1,073 Shares of Home Depot to Generate $10,000 in Yearly Dividends. Here's Whether the Payout Is Safe.
Key PointsHome Depot’s current dividend yield of 2.84% is significantly higher than what the S&P 500 offers.
Home Depot generated $47.9 billion in net sales during Q2 2026, making it the world's largest home improvement chain. The company's extensive footprint, with over 2,300 stores, ensures brand recognition and unmatched distribution. Its inventory availability caters to professional customers, a crucial group to target. These factors contribute to consistent profits, benefiting income investors.
To earn $10,000 in annual dividends, one would need to own 1,073 shares. The current yield of 2.84% surpasses the S&P 500's yield. Some investors seek higher yields, as the 10-year U.S. Treasury yield is near 5%. Home Depot's dividend has grown by 238% over the past decade, from $0.69 to $2.33 per quarter, a 158-quarter streak of continuous payouts.
Despite slowed revenue growth and same-store sales, the company maintains strong free cash flow and continues to raise dividends. Investors should view Home Depot as a high-quality business offering a safe dividend payout.
Written by urgent.news from Motley Fool's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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