EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stock Under $10 that he thinks could potentially double or triple in the next 6 to 12-months. See what he's trading today with a 14-day FREE pass.

Reprint Email

TheStreet Wire

Dow Component Home Depot (HD) To Go Ex-dividend Tomorrow

By TheStreet Wire 03/05/12 - 11:00 AM EST

Find out if (HD) is in Cramer's Portfolio.

The Dow Jones Industrial Average (^DJI) is trading down 63.0 points (-0.5%) at 12,914 as of Monday, Mar 5, 2012, 10:34 a.m. ET. During this time, 158.8 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 818.6 million. The NYSE advances/declines ratio sits at 775 issues advancing vs. 2,034 declining with 137 unchanged.

Tuesday, March 6, 2012 is the ex-dividend date for Dow component Home Depot (NYSE:HD). Owners of shares as of market close today will be eligible for a dividend of 29 cents per share. At a price of $47.06 as of 10:35 a.m. ET, the dividend yield is 2.4% compared to the average Dow component yield of 2.7%.

See our dividend calendar or top-yielding stocks list.

The average volume for Home Depot has been 10.7 million shares per day over the past 30 days. Home Depot has a market cap of $69.31 billion and is part of the services sector and retail industry. Shares are up 12.8% year to date as of Friday's close.

The Home Depot Inc., together with its subsidiaries, operates as a home improvement retailer. The company's stores sell a range of building materials, home improvement products, and lawn and garden products to do-it-yourself, do-it-for-me (D-I-F-M), and professional customers. The company has a P/E ratio of 19.2, below the average retail industry P/E ratio of 19.4 and above the S&P 500 P/E ratio of 17.7.

Practice your dividend trading strategies and win cash in our stock game.

TheStreet Ratings rates Home Depot as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, good cash flow from operations, solid stock price performance and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated.

You can view the full Home Depot Ratings Report.

For more information on Home Depot Inc. click any of the following:

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:

$2.5+ million portfolio
Large-cap and dividend focus
Intraday trade alerts from Cramer
Weekly roundups

Dividend Stock Advisor

TRY IT FREE

New! $49.95/yr

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:

Diversified model portfolio of dividend stocks
Alerts when market news affect the portfolio
Bi-weekly updates with exact steps to take - BUY, HOLD, SELL

Stocks Under $10

TRY IT FREE

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:

Model portfolio
Stocks trading below $10
Intraday trade alerts
Weekly roundups

Real Money

TRY IT FREE

24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.

Product Features:

Jim Cramer + 20 Wall Street pros
Intraday commentary & news
Real-time trading forum
Actionable trade ideas

Real Money Pro

TRY IT FREE

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:

Real Money + Doug Kass + 15 more Wall Street Pros
Intraday commentary & news
Ultra-actionable trading ideas

Options Profits

TRY IT FREE

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.