6 big dividends: Home Depot, Walmart | Pro Recap

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Home Depot (NYSE:HD) hiked its dividend by 10% to $2.09 per share, or $8.36 annualized, for an annual yield of 2.6%. The dividend will be payable on March 23, 2023, to stockholders of record on March 9, 2023, with an ex-dividend date of March 8, 2023.

Shares plunged more than 7% yesterday after the company reported a Q4 revenue and comparable sales miss and provided light guidance.

Walmart (NYSE:WMT) hiked its dividend by 1.8% to $0.57 per share, or $2.28 annualized, for an annual yield of 1.6%. The dividend will be payable on April 3, 2023, to stockholders of record on March 17, 2023, with an ex-dividend date of March 16, 2023.

The company reported its Q4 results yesterday, with both EPS and revenues coming in better than expected, but guidance missed the Street estimates.

For Q1, the company expects EPS of $1.25-1.30, compared to the consensus estimate of $1.36. For the full year, the company anticipates EPS in the range of $5.90-6.05, compared to the consensus estimate of $6.50.

Mueller Industries (NYSE:MLI) hiked its dividend by 20% to $.30 per share, or $1.2 annualized, for an annual yield of 1.6%. The dividend will be payable on March 31, 2023, to stockholders of record on March 17, 2023, with an ex-dividend date of March 16, 2023.

SBA Communications (NASDAQ:SBAC) hiked its dividend by 19.7% to $0.85 per share, or $3.4 annualized, for an annual yield of 1.2%. The dividend will be payable on March 24, 2023, to stockholders of record on March 10, 2023, with an ex-dividend date of March 9, 2023.

Huntsman (NYSE:HUN) hiked its dividend by 11.8% to $0.2375 per share, or $0.95 annualized, for an annual yield of 3.1%. The dividend will be payable on March 31, 2023, to stockholders of record on March 15, 2023, with an ex-dividend date of March 14, 2023.

Shares plunged nearly 6% yesterday after the company posted weaker-than-expected Q4 results and a guidance miss.

Amerisafe (NASDAQ:AMSF) hiked its dividend by 9.7% to $0.34 per share, or $1.36 annualized, for an annual yield of 2.4%. The dividend will be payable on March 24, 2023, to stockholders of record on March 10, 2023, with an ex-dividend date of March 9, 2023.