Home Depot Just Went Ex-Dividend. Here's What That Means for Investors.
On June 13, home-improvement retail chain Home Depot (NYSE: HD) will do something that it has already done 148 times in a row: pay a quarterly dividend. The Atlanta company has more than 2,300 stores across the country, which are earning the retailer a healthy profit. And management likes to share a portion of this profit with its shareholders.
Home Depot's upcoming dividend is pretty straightforward. But there are a lot of terms and dates associated with dividends that could get confusing for some. For example, the company just went ex-dividend on May 30. And some investors wonder what that means.
In this article, I'll break down some important terms and explain what it means for Home Depot's shareholders.
Source Fool.com
