My Current Effective Dividend Yield: Home Depot

I have owned Home Depot since 2004 and have greatly enjoyed the dividend growth this company has put into place. I personally have seen great yield growth on my investment. This stock has struggled as of late but I continue to plow my dividends into more shares with the expectations that the share price will rise in the next 5 to 10 years.

As a reminder, I am doing a post similar to this for each of the stocks in my portfolio – links to each post as they come up will be placed in the sidebar on the right of your screen.

Business Summary:

The Company is manufacturer, distributor and marketer of nonalcoholic beverage concentrates and syrups in the world.

My Dividend Yield Data

Table Explanation:

The table is dividend into two sections: Original Yield and Current Yield. Original yield presents the data from my initial purchase in the security and the resulting yield. The Current Yield is the yield I am receiving on my investment, given the growth in dividends as well as reinvested dividends. As I receive dividends they are reinvested into additional shares which is factored into this calculation. Essentially, I calculate the average share price for all shares and use this price to calculate the current yield (Current Yield = Current Dividend / Average Share Price).