Five major U.S. companies—The Home Depot, Dillard’s, Medtronic, Sysco, and FedEx—announced quarterly dividend declarations this week, with combined payouts scheduled between September and November 2026. The announcements, made on August 20-21, 2026, provide income investors with a fresh set of record and payment dates to track.
The Home Depot, the world’s largest home improvement retailer, declared a quarterly cash dividend of $2.33 per share, payable on September 17, 2026, to shareholders of record at the close of business on September 3, 2026. This marks the 158th consecutive quarter the company has paid a cash dividend, underscoring its long-term commitment to returning capital to shareholders.
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Dividend details across the five companies
Here’s a breakdown of the key figures from this week’s declarations:
- Home Depot (HD): $2.33 per share, payable September 17, 2026; record date September 3, 2026.
- Dillard’s (DDS): $0.30 per share on Class A and Class B common stock, payable November 2, 2026; record date September 30, 2026.
- Medtronic (MDT): $0.72 per ordinary share for Q2 of fiscal year 2027, payable October 16, 2026; record date September 25, 2026.
- Sysco (SYY): $0.55 per share, payable October 23, 2026; record date October 2, 2026.
- FedEx (FDX): $1.22 per share, payable October 1, 2026; record date September 14, 2026.
Medtronic’s declaration aligns with the dividend increase announced in June 2026. The medical device maker has now increased its annual dividend for 49 consecutive years, maintaining its status as a member of the S&P 500 Dividend Aristocrats index—a group of companies with a track record of consistent dividend growth over at least 25 years.
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What this means for income investors
These declarations reflect a broader trend among large-cap companies to maintain or grow shareholder returns even amid fluctuating economic conditions. For investors, the key dates matter: the record date determines who receives the dividend, while the ex-dividend date (typically one business day before the record date) is when the stock trades without the dividend entitlement.
Home Depot’s 158-quarter streak highlights its resilience in the home improvement sector, while Medtronic’s 49-year growth streak signals stability in healthcare. Sysco’s foodservice distribution business and FedEx’s logistics operations both continue to generate cash flow sufficient to support consistent payouts.
Dillard’s, a department store chain, declared a smaller dividend of $0.30 per share, reflecting its more conservative capital allocation strategy. The company has historically returned value through both dividends and share buybacks.
Looking ahead
Investors should note that dividend declarations are subject to board approval each quarter, and future payouts depend on each company’s earnings and cash flow. For those seeking to build a dividend income portfolio, these five stocks offer a mix of sectors—retail, healthcare, food distribution, and logistics—providing some diversification.
As always, past dividend performance does not guarantee future payments, and individual investment decisions should be made based on one’s own financial goals and risk tolerance. The market remains volatile, and dividend yields can fluctuate with stock prices.
This article is for informational purposes only and does not constitute financial advice. Dividend payments and stock prices are subject to market risks. Investors should conduct their own research or consult a financial advisor before making investment decisions.
