June 2, 2011

As The Home Depot holds its annual shareholders meeting today, it announced its 97th consecutive cash dividend.

The company announced that its board of directors declared a first-quarter cash dividend of 25 cents per share. The dividend is payable on June 30 to shareholders of record on the close of business on June 16. The dividend -- the same amount it paid last quarter -- marks the 97th consecutive quarter Home Depot has paid a cash dividend.

The company's shareholders meeting takes place today at the Cobb Galleria Centre in Atlanta.