1 Reason Home Depot's 17-Year Dividend Streak Makes It a Buy This Week

Home Depot faces near-term headwinds from higher mortgage rates, inflation, and a sluggish housing market, resulting in modest 1.7% same-store sales growth. However, the article argues patient investors should consider buying the stock for its attractive 2.74% dividend yield, supported by 17 consecutive years of annual dividend increases. The company is positioned to benefit when economic conditions improve and homeowners resume major renovation projects.