How Q1 turned out for DYI specialist Home Depot, one of the most prominent US importers with almost $40bn of quarterly sales, is embedded in its dividend policy. As expected, a $2.09 quarterly dividend disclosed yesterday, unchanged (in line with its annual track record in May), kept its annualised yield at 2.8%. Satisfactory? Well, given the landscape, it was. The headline story pointed to a stock fall, at least initially on Tuesday 16 May, …
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Home Depot’s mixed colours – The Loadstar
Written by Steven