Home Depot's CAD Hedged CDR to Go Ex-Dividend on September 3rd
Home Depot's CAD Hedged CDR (HD.CA) is set to go ex-dividend on September 3rd, 2026. This means that shareholders who own the stock as of this date will not receive the upcoming dividend payment.
The ex-dividend date is significant because it marks the start of a period during which investors can buy the stock without receiving the next dividend payment. Shareholders of record on September 3rd, 2026 will be eligible to receive a CAD $0.14337 dividend per share on September 24th, 2026.
Cash dividends provide income for shareholders but come with tax consequences and may cause the company's share price to drop by the amount of the dividend paid. This is in contrast to stock dividends, which are paid out in additional shares rather than cash and can have different tax implications.