Home Depot, Inc. (HD) in Atlanta, Ga., is the world’s largest home improvement retailer. As of Jan.30, 2022, HD operated 2,317 stores across the United States, Canada, Mexico, Columbia, Puerto Rico, and Guam. With a $330.66 billion market cap, HD is one of the biggest publicly traded companies in the United States and is a constituent of the S&P 500 index and the Dow Jones Industrial Average.
HD has been capitalizing on increased demand for home improvement goods amid the remote lifestyle over the past two years. Thanks to its substantial improvement in earnings and cash flows, the company raised its quarterly dividend by 15% to $1.90 per share earlier this month.
