Here's How Many Shares of Home Depot You'd Need to Generate $10,000 in Yearly Dividends
While this retail stock struggles to produce sizable capital gains, dividend investors have plenty of reasons to cheer.
Overview
Home Depot (NYSE: HD) is a dominant force in the home improvement market, as it generated $166 billion in revenue in the past 12 months. However, shares have underperformed investor expectations. They climbed just 6% in the trailing five-year period (as of July 28).
There is a silver lining. The retail stock can certainly cater to income investors who aren't solely after capital gains. Here's how many shares of Home Depot you'd need to own to generate $10,000 in annual dividends.
Image source: The Motley Fool.
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.