The Home Depot (HD) announced that its board of directors approved an increase in its quarterly dividend by 10.0 percent to $1.65 per share, which equates to an annual dividend of $6.60. The dividend is payable on March 25, 2021, to shareholders of record on the close of business on March 11, 2021.
Fourth quarter earnings per share was $2.65, up 16.2 percent from prior year. Net earnings was negatively impacted by non-recurring, pre-tax expenses related to the completion of the acquisition of HD Supply Holdings, Inc., which totaled approximately $110 million, or $0.09 per share.
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