1. The Home Depot Announces Fourth Quarter Dividend
ATLANTA, Feb 22, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- The Home Depot(R), the world's largest home
improvement retailer, today announced that its board of directors approved a fourth quarter cash dividend of 22.5 cents per
share. This is the 80th consecutive quarter the Company has paid a cash dividend. The dividend is payable on March 22, 2007
to shareholders of record on the close of business on March 8, 2007.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030502/HOMEDEPOTLOGO)
During fiscal 2006, The Home Depot returned $1.4 billion in cash to shareholders through dividends paid. The Company twice
increased the dividend by 50 percent during 2006, resulting in a dividend payout ratio of approximately 24 percent. The
Company also returned cash to shareholders by spending $6.7 billion to repurchase 174 million shares. Through fiscal 2006,
the Company has repurchased 19 percent of its outstanding shares.
The Home Depot(R) is the world's largest home improvement specialty retailer, with more than 2,163 retail stores in all 50
states, the District of Columbia, Puerto Rico, U.S. Virgin Islands, 10 Canadian provinces, Mexico and China. Through its HD
Supply(SM) businesses, The Home Depot is also one of the largest diversified wholesale distributors in the United States, with
nearly 1,000 locations in the United States and Canada offering products and services for building, improving and maintaining
homes, businesses and municipal infrastructures. In fiscal 2006, The Home Depot had sales of $90.8 billion and earnings of
$5.8 billion. The Company employs approximately 355,000 associates and has been recognized by FORTUNE magazine as the
No. 1 Most Admired Specialty Retailer and the No. 13 Most Admired Corporation in America for 2006. 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. HDE
SOURCE The Home Depot
Financial Community, Diane Dayhoff, Sr. Vice President of Investor Relations,
+1-770-384-2666, or diane_dayhoff@homedepot.com, or News Media, Jerry Shields,
+1-770-384-2741, or jerry_shields@homedepot.com , both of The Home Depot
http://www.homedepot.com/
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