Home Depot Yields More Than 3x the S&P 500. Here's the Effect on a $10,000 Investment.
The dominant home improvement retailer can be a top choice for income investors.
Overview
Home Depot (NYSE: HD) hasn't been on the winning team. Its shares are down 29% in the past 12 months (as of Sept. 24), and they currently trade 32% off their peak from December 2024. Macro headwinds have seriously pressured the company's growth, harming investor sentiment.
However, the retail stock pays a healthy dividend that currently yields 3.19%. This can satisfy income investors, and it's more than triple the 1.05% yield that the S&P 500 index pays.
Details
Here's the effect of that yield on a $10,000 investment.
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.