Home Depot has raised its dividend to 89 cents from 69 cents previously and authorized a $15 billion share repurchase program by replacing its previous program. Two years ago, Home Depot had authorized an $18 billion buyback program. The company has claimed that it returned over $67 billion to its shareholders since 2002 by buying back about 1.3 billion shares. Home Depot has increased the dividend-payout ratio to 55% from 50% currently. HD expects in FY 17, the earnings per share of $7.13 while the analysts are looking for earnings per share of $7.17. HD expects the sales growth of about 4.6 percent in 2017, which is modestly better than the analysts' expectations of 4.5 percent. The comparable store sales are expected to grow about 4.6 percent.