From Yahoo Finance: 2025-06-22 04:50:00

TD Cowen reaffirmed The Home Depot, Inc. (NYSE:HD) as one of the best dividend stocks, with a Buy rating and a $470 price target. The company offers a variety of products and services, including tools, construction products, and appliances. However, recent disruptions from ICE targeting the company’s parking lots have impacted its operations.

Despite the challenges, The Home Depot, Inc. (NYSE:HD) continues to provide a stable income, with a 2.53% dividend yield and a 61.44% payout ratio. Investors are encouraged to take advantage of the stock’s potential, as TD Cowen reiterated a Buy rating on June 12, 2025. The company has a strong track record of dividend payments, with the upcoming June 18 marking the 153rd consecutive quarter.

While The Home Depot, Inc. (NYSE:HD) remains a solid investment option, some AI stocks may offer greater upside potential and lower downside risk. Investors seeking undervalued AI stocks can explore opportunities that align with current market trends. For those interested in dividend stocks, other options with dependable growth are also available.



Read more at Yahoo Finance: Home Depot’s Dividend Strengthens as TD Cowen Reaffirms Buy Rating