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Understanding Home Depot’s and Lowe’s Dividend Policies

Understanding Home Depot’s and Lowe’s Dividend Policies

Dividends help investors smooth out return volatility, which is vital for cyclical companies, including home improvement retailers. Home improvement retailers’ sales depend heavily on the economy and other macroeconomic factors. Home Depot (HD) paid a quarterly dividend of $1.03 per share on June 14 to its shareholders on record as of May 31.