Home Depot's Strong Stock Performance
This is a news story, published by Yahoo Finance, that relates primarily to Home Depot news.
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Home Depot (NYSE: HD) is a well-known one -stop-shop for do-it-yourself tasks, professional contractors, and a services segment that can help customers with their home improvement projects.
Despite the poor results, Home Depot stock hasn't seen significant declines in recent years .
The company has raised its quarterly dividend from $ 0.25 per share in 2011 to $ 2.25 a year in 2024 .
Home Depot completed its acquisition of SRS Distribution for $18.25 billion in June 2024 .
The full potential of the acquisition has yet to be realized because of the slowdown in the industry.
Home Depot is an excellent dividend stock to buy if you have a long-term time horizon.
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