The Home Depot Declares First Quarter Dividend Of 29 Cents

ATLANTA, May 17, 2012 /CNW/ - The Home Depot®, the world's largest home improvement retailer, today announced that its board of directors declared a first quarter cash dividend of 29 cents per share. The dividend is payable on June 14, 2012, to shareholders of record on the close of business on May 31, 2012. This is the 101st consecutive quarter the Company has paid a cash dividend.

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The Home Depot is the world's largest home improvement specialty retailer, with 2,254 retail stores in all 50 states, the District of Columbia, Puerto Rico, U.S. Virgin Islands, Guam, 10 Canadian provinces, Mexico and China. In fiscal 2011, The Home Depot had sales of $70.4 billion and earnings of $3.9 billion. The Company employs more than 300,000 associates. The Home Depot's stock is traded on the New York Stock Exchange (NYSE: HD) and is included in the Dow Jones industrial average and Standard & Poor's 500 index.

SOURCE The Home Depot

Financial Community, Diane Dayhoff, Vice President of Investor Relations, [phone], [email protected], or News Media, Paula Drake, Senior Manager of Corporate Communications, [phone], [email protected]

http://www.homedepot.com

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