Home Depot, Inc. (HD.US) dividends are expected to continue to grow, highlighting long-term investment value.

Some analysts pointed out that for investors holding shares of Home Depot, Inc. (HD.US), the stock dividend is expected to continue to grow in the future. Data shows that Home Depot, Inc. has been steadily increasing its dividend, with quarterly dividend currently at $2.30 per share, a 53% increase from $1.50 in 2020. As of September 12th, the dividend yield for the stock is 2.18%. Despite the continuous growth in dividends, the payout ratio for the stock is around 62%, leaving room for future dividend growth. Although consumer spending has slowed down in a challenging economic environment, Home Depot, Inc. expects comparable sales to still grow by 1% in the fiscal year ending in January. In addition to solid dividend growth, Home Depot, Inc.'s strong brand and good financial condition make it an attractive long-term investment choice.