Home Depot’s dividend will be strengthened as TD Cowen reaffirms its purchase ratings
The Home Depot, Inc. (NYSE:HD) is one of According to Jim Cramer, the best dividend stocks.
TD Cowen repeated the company’s purchase ratings with a price target of $470.
Home improvement stores are overflowing with a wide range of products and supplies.
American Multilingal Home Improvement Retail Corporation, The Home Depot, Inc. (NYSE: HD) continues its business of selling tools, construction products and electrical appliances. The company also offers some services, such as fuel and transportation rentals. Headquartered in Georgia, the company is the largest home improvement retailer in the United States.
This week, the company’s stock price fell following White House’s instructions to ICE. In an article published on June 11, 2025, The Wall Street Journal reported that ICE was instructed to target retail giant parking lots as part of President Trump’s immigration crackdown. This directive disrupts years of informal labor relations.
On June 12, 2025, TD Cowen noticed the opportunity and repeated the purchase ratings of the stock, encouraging interested investors to buy the stock when it is available at the lowest.
Meanwhile, Home Depot, Inc. For those interested in stable income (NYSE: HD), the company offers a dividend yield of 2.53%, which meets the 61.44% payment rate. June 18th, 2025, marking 153rd Successive quarters of dividend payments.
Although we acknowledge the potential of HD as an investment, we believe certain AI stocks offer greater promotion potential and pose a risk of decline. If you’re looking for a highly undervalued AI stock that can make a significant profit from the tariff and supervision trends of the Trump era, check out our free report. Best Short-Term AI Stocks.
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