Follow CBSMIAMI.COM: Facebook | Twitter

ATLANTA (AP) — Home Depot is paying out one-time bonuses of up to $1,000 in cash to its hourly workers in the U.S., citing the recent tax overhaul.

READ MORE: BSO Searching For Tamarac Burglar Claiming To Be Deputy

The home improvement retailer follows others doing the same, including Disney, Starbucks and Walmart.

READ MORE: Special City Of Miami Commission Meeting Held To Discuss Future Of Chief Art Acevedo

Home Depot Inc. said Thursday that the one-time bonus will be distributed in the current quarter. Existing bonuses will be paid out as well.

The Atlanta company anticipates an approximately $150 million fourth-quarter charge mostly tied to taxes on unremitted offshore earnings. It expects the charge, plus the one-time bonus, to trim its fiscal 2017 earnings outlook by about 19 cents per share.

MORE NEWS: Sheriff: Person Of Interest In 19-Year-Old Miya Marcano's Disappearance Found Dead

(© Copyright 2018 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)