In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche
Stockrow estimates that Home Depot’s revenues grew by 32.7% in the quarter ending on 30 April 2021. The quarterly revenue growth rate rose by 25.13% in the quarter ending on 31 January 2021 and 23.19% in the quarter ending on 31 October 2020.
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Home Depot is obviously a great dividend stock and a good income stock for these reasons. Those looking for a safe dividend that grows by 10¢ to 20¢ a year should check out Home Depot.
The dividend fundamentals are pretty good at Home Depot as well. On August 3, 2018, Home Depot offered a 2.11% dividend yield, a $4.12 per share annualized payout, and a payout rate of 43.6%.
That makes Home Depot worth the $197.06 you would have paid for it on 7 August 2018. Those who need a stock that generates income and want a retailer will be well-served by Home Depot.