1 Reason Home Depot's 17-Year Dividend Streak Makes It a Buy This Week
Investors can collect the retailer's dividend payments while waiting for economic conditions to improve.
Overview
Home Depot (NYSE: HD) has faced challenges recently, but these stem from the broader economy rather than anything specific to the company. That's because the world's largest home-improvement retailer's results are tied to larger macroeconomic forces.
In the wake of Home Depot's recent quarterly report, patient investors should strongly consider purchasing this cyclical company's stock, as right now, it comes with an attractive dividend yield.
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Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.