SmarterDividends

DRI vs HD: Which Is the Better Dividend Stock?

As of Oct 23, 2026, DRI (Darden Restaurants, Inc.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. DRI offers the higher yield at 2.98%, HD has the higher dividend-safety score, and DRI looks like the better value (its fair-value estimate is 4% below its share price).

Key facts: DRI vs HD

Data as of · Source: SmarterDividends data

  • As of Oct 23, 2026, Darden Restaurants, Inc. (DRI) has the higher forward dividend yield at 2.98%, versus 2.84% for The Home Depot, Inc. (HD).
  • As of Oct 23, 2026, SmarterDividends grades DRI's dividend safety C (55/100) and HD's A (85/100).
  • By SmarterDividends' count as of Oct 23, 2026, DRI has raised its dividend for 5 consecutive years and HD for 16.
  • As of Oct 23, 2026, DRI pays out 59% of its earnings as dividends and HD pays out 65%.
  • As of Oct 23, 2026, DRI's fair-value estimate is 4% below its share price and HD's fair-value estimate is 19% below its share price, so DRI looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "DRI vs HD: Dividend Yield, Safety & Value Compared," updated Oct 23, 2026, https://smarterdividends.com/compare/dri-vs-hd

MetricDRIHD
Forward yield2.98%2.84%
Annual dividend$6.48$9.32
Payout ratio59%65%
Years of growth5 yr16 yr
5-yr dividend growth19.7%8.9%
5-yr total return54%-20%
Dividend safety score55 (C)85 (A)
Fair value estimate$209.41$266.02
Upside to fair value-4%-19%
Frequencyquarterlyquarterly
Market cap$24.6B$327.0B
P/E ratio21.122.9

Higher yield

DRI

2.98%

Safer dividend

HD

Grade A

Faster growth

DRI

19.7%

Better value

DRI

-4% upside

DRI vs HD — FAQ

Is DRI or HD a better dividend stock?

On the data, DRI wins more head-to-head categories (5 vs 3). DRI offers the higher yield (2.98%), 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, DRI or HD?

DRI has the higher forward dividend yield at 2.98%, versus 2.84% for HD.

Is DRI or HD safer?

HD has the higher dividend-safety score (85/100 vs 55/100), reflecting stronger payout coverage and dividend-growth history.

Is DRI or HD better value right now?

As of Oct 23, 2026, DRI looks like the better value: its fair-value estimate is 4% below its share price (fairly valued). For HD, its fair-value estimate is 19% below its share price.

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.