HD - The Home Depot: A Dividend Growth Darling
2024-06-19 17:54:30 ET
Summary
- The Home Depot has been a compounding darling with solid dividend growth and share price appreciation over the years.
- HD shares have recently underperformed the S&P 500, possibly due to weakening consumer spending.
- With consumers being more cautious with spending, home improvement projects may be taking a backseat, impacting HD's performance.
When it comes to the Power of Compounding, there are not many better examples of there than The Home Depot ( HD ). HD has been a compounding darling for years, and what I mean by that is the fact that they have provided not only solid dividend growth over the years, but separate from the dividend, they have provided great share price appreciation....
The Home Depot: A Dividend Growth Darling