Home Depot from 2000 - 2013, Why Patience Pays Off
I'm keeping it extra simple today.

Down markets are gifts to dividend investors.

Consider Home Depot $HD : From 2000 - 2013, shares went no where and suffered a major downtrend. On the surface it appeared to be dead money.

However, the quarterly dividend continued to grow at a healthy clip, rising from .04 to .39 over the same period. Today the distribution is $2.09 . Seeds become trees for the patient dividend-growth investor.

Keep going.

I'm long HD.

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Benjamin Buchanan's avatar
Love Home Depot. Just listened to the business breakdowns podcast on it - super interesting - especially the comparison with Lowe's. Here's a link if anyone is interested: https://www.joincolossus.com/episodes/21920043/stannard-stockton-home-depot-the-pro-builders-choice?tab=transcript
MAPsignals's avatar

It’s one of the best dividend growth names ever. LOW is equally impressive (long both)
Dissecting the Markets's avatar
I'm looking for stocks that are currently in that stagnation period
MAPsignals's avatar
@dissectmarkets that’s how the snowball getting rolling



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