BBY vs HD: Which Is the Better Dividend Stock?
As of Nov 5, 2026, BBY (Best Buy Co., Inc.) screens as the stronger dividend stock, winning 7 of 8 head-to-head metrics. BBY offers the higher yield at 3.79%, BBY has the higher dividend-safety score, and BBY looks like the better value (its fair-value estimate is 11% below its share price).
Key facts: BBY vs HD
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, Best Buy Co., Inc. (BBY) has the higher forward dividend yield at 3.79%, versus 2.62% for The Home Depot, Inc. (HD).
- As of Nov 5, 2026, SmarterDividends grades BBY's dividend safety A (90/100) and HD's A (85/100).
- By SmarterDividends' count as of Nov 5, 2026, BBY has raised its dividend for 21 consecutive years and HD for 16.
- As of Nov 5, 2026, BBY pays out 64% of its earnings as dividends and HD pays out 65%.
- As of Nov 5, 2026, BBY's fair-value estimate is 11% below its share price and HD's fair-value estimate is 26% below its share price, so BBY looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "BBY vs HD: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/bby-vs-hd
| Metric | BBY | HD |
|---|---|---|
| Forward yield | 3.79% | 2.62% |
| Annual dividend | $3.84 | $9.32 |
| Payout ratio | 64% | 65% |
| Years of growth | 21 yr | 16 yr |
| 5-yr dividend growth | 11.6% | 8.9% |
| 5-yr total return | -10% | -18% |
| Dividend safety score | 90 (A) | 85 (A) |
| Fair value estimate | $89.71 | $262.27 |
| Upside to fair value | -11% | -26% |
| Frequency | quarterly | quarterly |
| Market cap | $21.1B | $351.4B |
| P/E ratio | 16.7 | 24.6 |
Higher yield
BBY
3.79%
Safer dividend
BBY
Grade A
Faster growth
BBY
11.6%
Better value
BBY
-11% upside
BBY vs HD — FAQ
Is BBY or HD a better dividend stock?
On the data, BBY wins more head-to-head categories (7 vs 1). BBY offers the higher yield (3.79%), while BBY has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, BBY or HD?
BBY has the higher forward dividend yield at 3.79%, versus 2.62% for HD.
Is BBY or HD safer?
BBY has the higher dividend-safety score (90/100 vs 85/100), reflecting stronger payout coverage and dividend-growth history.
Is BBY or HD better value right now?
As of Nov 5, 2026, BBY looks like the better value: its fair-value estimate is 11% below its share price (fairly valued). For HD, its fair-value estimate is 26% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.