My Current Effective Dividend Yield: Home Depot

Written by The Dividend Guy on March 13, 2008

Dividend Growth

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

The Home Depot
Original Yield
Date Ticker Initial Buy Price Initial Div Per Year Initial Yield
January 30, 2004 HD $35.74 $0.28 0.78%
Current Yield
Average Price Per Share Shares Current Div Per Share Current Yield Annual Div’s Rec’d
$36.08 49.2777 $0.90 2.49% $44.35

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).


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1 Comment so far

  1. American Dividend Investor March 13, 2008 8:18 am

    Any plans to average down on this name?

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