The Home Depot Direct Stock Purchase Plan (DSPP) enables you to invest a minimum amount in Home Depot stock and build your stock ownership over time. It's designed for individual investors who might otherwise avoid making small, long-term stock purchases because of large minimum brokerage fees. You always have control of your shares. You may withdraw your DSPP holdings of Home Depot stock at any time, or may ask the program administrator to sell your shares.
If you do not already own Home Depot stock, or if your stock is held through a brokerage account, you may use the plan to buy your first shares directly from the Company. The minimum initial investment is $500.
If you already own Home Depot stock, you may invest cash dividends and optional cash purchases in additional shares of Company stock. You may invest up to $250,000 each year through DSPP.
For ongoing investment through DSPP, you may buy stock by having a minimum of $50 automatically deducted from your checking account or savings account each month, or you may pay by check as often as once a week.
For each transaction, a small service charge is deducted from your investment plus the pro rata amount of brokerage commissions (generally 5 cents per share for purchases and 15 cents per share for sales). Service charges are:
- For first-time investors - $5.00
- For subsequent purchases - 5% up to maximum of $2.50
- Sales $25.00
Features at No Charge
Through DSPP, you receive a stock safekeeping service and the ability to make transfers or gifts of Company stock - all at no charge. The recipient of the transfer or gift will have an account opened in their name and will enjoy full program benefits.
Please read the Home Depot Prospectus [PDF / 225 KB].
Potential investors may enroll via two methods:
For all other communications regarding these services contact:
Computershare Trust Company, N.A.
P.O. Box 43078
Providence, RI 02940-3078
(Voice) 1-800-952-9245 (TTY/TDD)
For additional Company information of interest to investors, please telephone (770) 384-2871.