HD vs LCII: Which Is the Better Dividend Stock?
As of Oct 27, 2026, HD and LCII are closely matched. LCII offers the higher yield at 5.23%, HD has the higher dividend-safety score, and LCII looks like the better value (its fair-value estimate is 140% above its share price).
Key facts: HD vs LCII
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, LCI Industries (LCII) has the higher forward dividend yield at 5.23%, versus 2.92% for The Home Depot, Inc. (HD).
- As of Oct 27, 2026, SmarterDividends grades HD's dividend safety A (85/100) and LCII's A (81/100).
- By SmarterDividends' count as of Oct 27, 2026, HD has raised its dividend for 16 consecutive years and LCII for 9.
- As of Oct 27, 2026, HD pays out 65% of its earnings as dividends and LCII pays out 53%.
- As of Oct 27, 2026, HD's fair-value estimate is 17% below its share price and LCII's fair-value estimate is 140% above its share price, so LCII looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "HD vs LCII: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/hd-vs-lcii
| Metric | HD | LCII |
|---|---|---|
| Forward yield | 2.92% | 5.23% |
| Annual dividend | $9.32 | $4.60 |
| Payout ratio | 65% | 53% |
| Years of growth | 16 yr | 9 yr |
| 5-yr dividend growth | 8.9% | 10.4% |
| 5-yr total return | -20% | -44% |
| Dividend safety score | 85 (A) | 81 (A) |
| Fair value estimate | $266.02 | $211.06 |
| Upside to fair value | -17% | +140% |
| Frequency | quarterly | quarterly |
| Market cap | $318.6B | $2.1B |
| P/E ratio | 22.3 | 10.2 |
Higher yield
LCII
5.23%
Safer dividend
HD
Grade A
Faster growth
LCII
10.4%
Better value
LCII
+140% upside
HD vs LCII — FAQ
Is HD or LCII a better dividend stock?
HD and LCII are closely matched. LCII has the higher yield; HD scores better on safety.
Which has a higher dividend yield, HD or LCII?
LCII has the higher forward dividend yield at 5.23%, versus 2.92% for HD.
Is HD or LCII safer?
HD has the higher dividend-safety score (85/100 vs 81/100), reflecting stronger payout coverage and dividend-growth history.
Is HD or LCII better value right now?
As of Oct 27, 2026, LCII looks like the better value: its fair-value estimate is 140% above its share price (undervalued). For HD, its fair-value estimate is 17% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.