HD vs HRB: Which Is the Better Dividend Stock?
As of Oct 19, 2026, HRB (H&R Block, Inc.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. HRB offers the higher yield at 3.78%, HRB has the higher dividend-safety score, and HRB looks like the better value (its fair-value estimate is 163% above its share price).
Key facts: HD vs HRB
Data as of · Source: SmarterDividends data
- As of Oct 19, 2026, H&R Block, Inc. (HRB) has the higher forward dividend yield at 3.78%, versus 3.01% for The Home Depot, Inc. (HD).
- As of Oct 19, 2026, SmarterDividends grades HD's dividend safety A (85/100) and HRB's A (89/100).
- By SmarterDividends' count as of Oct 19, 2026, HD has raised its dividend for 16 consecutive years and HRB for 10.
- As of Oct 19, 2026, HD pays out 65% of its earnings as dividends and HRB pays out 30%.
- As of Oct 19, 2026, HD's fair-value estimate is 14% below its share price and HRB's fair-value estimate is 163% above its share price, so HRB looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "HD vs HRB: Dividend Yield, Safety & Value Compared," updated Oct 19, 2026, https://smarterdividends.com/compare/hd-vs-hrb
| Metric | HD | HRB |
|---|---|---|
| Forward yield | 3.01% | 3.78% |
| Annual dividend | $9.32 | $1.84 |
| Payout ratio | 65% | 30% |
| Years of growth | 16 yr | 10 yr |
| 5-yr dividend growth | 8.9% | 8.9% |
| 5-yr total return | -23% | 106% |
| Dividend safety score | 85 (A) | 89 (A) |
| Fair value estimate | $266.02 | $127.95 |
| Upside to fair value | -14% | +163% |
| Frequency | quarterly | quarterly |
| Market cap | $308.9B | $6.0B |
| P/E ratio | 21.7 | 8.6 |
Higher yield
HRB
3.78%
Safer dividend
HRB
Grade A
Faster growth
HD
8.9%
Better value
HRB
+163% upside
HD vs HRB — FAQ
Is HD or HRB a better dividend stock?
On the data, HRB wins more head-to-head categories (5 vs 3). HRB offers the higher yield (3.78%), while HRB has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, HD or HRB?
HRB has the higher forward dividend yield at 3.78%, versus 3.01% for HD.
Is HD or HRB safer?
HRB has the higher dividend-safety score (89/100 vs 85/100), reflecting stronger payout coverage and dividend-growth history.
Is HD or HRB better value right now?
As of Oct 19, 2026, HRB looks like the better value: its fair-value estimate is 163% above its share price (undervalued). For HD, its fair-value estimate is 14% below its share price.
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.