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Non-Tech : Home Depot (HD)

HD 362.30

-1.6%

Nov 14 9:30 AM EST

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To: mitchell finegold who wrote (162)	5/27/1998 12:52:00 PM
From: Xpiderman	Read Replies (1) of 1169

Home Depot sets 2-for-1 split, raises payout Wednesday May 27, 11:23 am Eastern Time biz.yahoo.com ATLANTA, May 27 (Reuters) - Directors of Home Depot declared a two-for-one stock split and raised the pre-split dividend to $0.06 per share from $0.05, the home improvement retailer said Wednesday. The split will take effect July 2 for shareholders of record on June 11, the company said in a statement. The dividend will be paid on June 25 to shareholders of record on June 11, the statement added. The post-split dividend will be $0.03 per share, the statement noted. The stock traded at 74-7/16, up 1/8, Wednesday morning. Atlanta-based Home Depot operates 660 stores in North America.

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