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. Management emphasizes capital returns In May, Home Depot’s board of directors declared a quarterly dividend payout of $2.33 per share. On an annualized basis, each share produces $9.32 in income.