Mixed Walmart – way to go with destocking
Ready and fit but it’s not over
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How Q1 turned out for DYI specialist Home Depot, one of the most prominent US importers with almost $40bn of quarterly sales, is embedded in its dividend policy.
As expected, a $2.09 quarterly dividend disclosed yesterday, unchanged (in line with its annual track record in May), kept its annualised yield at 2.8%.
Satisfactory?
Well, given the landscape, it was.
The headline story pointed to a stock fall, at least initially on Tuesday 16 May, coming in the wake of decent earnings but also comparable ...
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