The Home Depot Declares First Quarter Dividend of 23.625 Cents

ATLANTA, May 20 /PRNewswire-FirstCall/ -- The Home Depot®, the world's largest home improvement retailer, today announced that its board of directors declared a first quarter cash dividend of 23.625 cents per share. The dividend is payable on June 17, 2010 to shareholders of record on the close of business on June 3, 2010. This is the 93rd 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 2,245 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 2009, The Home Depot had sales of $66.2 billion and earnings from continuing operations of $2.6 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