HD - Home Depot Just Went Ex-Dividend. Here's What That Means for Investors.
2024-06-02 04:30:00 ET
On June 13, home-improvement retail chain Home Depot (NYSE: HD) will do something that it has already done 148 times in a row: pay a quarterly dividend. The Atlanta company has more than 2,300 stores across the country, which are earning the retailer a healthy profit. And management likes to share a portion of this profit with its shareholders.
Home Depot's upcoming dividend is pretty straightforward. But there are a lot of terms and dates associated with dividends that could get confusing for some. For example, the company just went ex-dividend on May 30. And some investors wonder what that means.
In this article, I'll break down some important terms and explain what it means for Home Depot's shareholders.
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Home Depot Just Went Ex-Dividend. Here's What That Means for Investors.