Home Depot's Ex-Dividend Date Is Wednesday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Home Depot (NYSE:HD) announced a quarterly dividend of $2.09 per share, with the ex-dividend date set for Wednesday. Shareholders owning HD stock by the end of Tuesday's session will be eligible for the dividend payout, which will be distributed on June 15, 2023.
May 26, 2023 | 2:45 pm
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Home Depot's stock will likely open $2.09 lower on Wednesday due to the ex-dividend date. Shareholders owning the stock by end of Tuesday will receive the dividend payout on June 15, 2023.
The stock price will likely open lower on the ex-dividend date as it adjusts for the dividend payout. This is a short-term impact, and shareholders who own the stock by the end of Tuesday will benefit from the dividend payout on June 15, 2023.
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