DHI vs HD: Which Is the Better Dividend Stock?
As of Nov 5, 2026, HD (The Home Depot, Inc.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. HD offers the higher yield at 2.62%, HD has the higher dividend-safety score, and HD looks like the better value (its fair-value estimate is 26% below its share price).
Key facts: DHI vs HD
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, The Home Depot, Inc. (HD) has the higher forward dividend yield at 2.62%, versus 1.27% for D.R. Horton, Inc. (DHI).
- As of Nov 5, 2026, SmarterDividends grades DHI's dividend safety A (82/100) and HD's A (85/100).
- By SmarterDividends' count as of Nov 5, 2026, DHI has raised its dividend for 12 consecutive years and HD for 16.
- As of Nov 5, 2026, DHI pays out 17% of its earnings as dividends and HD pays out 65%.
- As of Nov 5, 2026, DHI's fair-value estimate is 41% below its share price and HD's fair-value estimate is 26% below its share price, so HD looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "DHI vs HD: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/dhi-vs-hd
| Metric | DHI | HD |
|---|---|---|
| Forward yield | 1.27% | 2.62% |
| Annual dividend | $2.00 | $9.32 |
| Payout ratio | 17% | 65% |
| Years of growth | 12 yr | 16 yr |
| 5-yr dividend growth | 17.9% | 8.9% |
| 5-yr total return | 49% | -18% |
| Dividend safety score | 82 (A) | 85 (A) |
| Fair value estimate | $91.26 | $262.27 |
| Upside to fair value | -41% | -26% |
| Frequency | quarterly | quarterly |
| Market cap | $42.3B | $351.4B |
| P/E ratio | 15.4 | 24.6 |
Higher yield
HD
2.62%
Safer dividend
HD
Grade A
Faster growth
DHI
17.9%
Better value
HD
-26% upside
DHI vs HD — FAQ
Is DHI or HD a better dividend stock?
On the data, HD wins more head-to-head categories (5 vs 3). HD offers the higher yield (2.62%), while HD has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, DHI or HD?
HD has the higher forward dividend yield at 2.62%, versus 1.27% for DHI.
Is DHI or HD safer?
HD has the higher dividend-safety score (85/100 vs 82/100), reflecting stronger payout coverage and dividend-growth history.
Is DHI or HD better value right now?
As of Nov 5, 2026, HD looks like the better value: its fair-value estimate is 26% below its share price (overvalued). For DHI, its fair-value estimate is 41% below its share price.
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.