The stock’s price growth has also shown strong rallies each year, which begin after its first dividend increase in 2011. [4] Interestingly, the company also shows potential for dividend growth by looking at its increasing cash flow and low dividend payout ratio. Growing its dividend at no less than 8% since 2009, the Insurance leader offers a higher dividend payout than many of its industry peers at $2.80 annually, with an annual dividend yield of 2.66%. In true DIVCON 5 fashion, $HD has increased its dividend for eight consecutive years, with a 10-year annualized dividend growth rate of 19.4%[6]. The DIVCON rating for Home Depot reveals its positive dividend growth potential, and whispers price growth potential.

Source: Forbes January 17, 2017 19:46 UTC