NEW YORK (

TheStreet

) -- The ex-dividend date for

Home Depot

(NYSE:

HD

) is tomorrow, November 29, 2011. Owners of shares as of market close today will be eligible for a dividend of 29 cents per share. At a price of $37.20 as of 9:30 a.m. ET, the dividend yield is 3.2%.

The average volume for Home Depot has been 12.1 million shares per day over the past 30 days. Home Depot has a market cap of $58.04 billion and is part of the

services

sector and

retail

industry. Shares are up 4% year to date as of the close of trading on Friday.

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 15.7, below the average retail industry P/E ratio of 16 and below the S&P 500 P/E ratio of 17.7.

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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, solid stock price performance, impressive record of earnings per share growth and good cash flow from operations. 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

.

See our

dividend calendar

or

top-yielding stocks list

.

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