12 Best Retail Dividend Stocks to Buy Now

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2. The Home Depot, Inc. (NYSE:HD)

Number of Hedge Fund Holders: 93

The Home Depot, Inc. (NYSE:HD) holds the top spot as the leading home improvement retailer. Each store typically caters to DIY customers and carries about 35,000 products for a wide range of projects.

By operating on a much larger scale than traditional hardware stores, The Home Depot, Inc. (NYSE:HD) established itself as a one-stop destination for home improvement, reshaping how Americans shop for these goods. Reflecting its maturity as a business, the company generated $85 billion in revenue during the first half of 2025, up 7% from the same period in 2024.

The Home Depot, Inc. (NYSE:HD) is one of the best dividend stocks in the retail sector as the company maintains a 15-year streak of consistent dividend growth. Currently, it offers a quarterly dividend of $2.30 per share and has a dividend yield of 2.23%, as of September 22.

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