HD vs LEA: Which Is the Better Dividend Stock?
As of Nov 8, 2026, HD (The Home Depot, Inc.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. LEA offers the higher yield at 2.79%, HD has the higher dividend-safety score, and LEA looks like the better value (its fair-value estimate is 53% above its share price).
Key facts: HD vs LEA
Data as of · Source: SmarterDividends data
- As of Nov 8, 2026, Lear Corporation (LEA) has the higher forward dividend yield at 2.79%, versus 2.71% for The Home Depot, Inc. (HD).
- As of Nov 8, 2026, SmarterDividends grades HD's dividend safety A (85/100) and LEA's C (65/100).
- By SmarterDividends' count as of Nov 8, 2026, HD has raised its dividend for 16 consecutive years and LEA for 0.
- As of Nov 8, 2026, HD pays out 65% of its earnings as dividends and LEA pays out 27%.
- As of Nov 8, 2026, HD's fair-value estimate is 33% below its share price and LEA's fair-value estimate is 53% above its share price, so LEA looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "HD vs LEA: Dividend Yield, Safety & Value Compared," updated Nov 8, 2026, https://smarterdividends.com/compare/hd-vs-lea
| Metric | HD | LEA |
|---|---|---|
| Forward yield | 2.71% | 2.79% |
| Annual dividend | $9.32 | $3.08 |
| Payout ratio | 65% | 27% |
| Years of growth | 16 yr | 0 yr |
| 5-yr dividend growth | 8.9% | 8.6% |
| 5-yr total return | -14% | -34% |
| Dividend safety score | 85 (A) | 65 (C) |
| Fair value estimate | $230.85 | $168.35 |
| Upside to fair value | -33% | +53% |
| Frequency | quarterly | quarterly |
| Market cap | $342.7B | $5.3B |
| P/E ratio | 24.0 | 9.6 |
Higher yield
LEA
2.79%
Safer dividend
HD
Grade A
Faster growth
HD
8.9%
Better value
LEA
+53% upside
HD vs LEA — FAQ
Is HD or LEA a better dividend stock?
On the data, HD wins more head-to-head categories (5 vs 3). LEA offers the higher yield (2.79%), 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, HD or LEA?
LEA has the higher forward dividend yield at 2.79%, versus 2.71% for HD.
Is HD or LEA safer?
HD has the higher dividend-safety score (85/100 vs 65/100), reflecting stronger payout coverage and dividend-growth history.
Is HD or LEA better value right now?
As of Nov 8, 2026, LEA looks like the better value: its fair-value estimate is 53% above its share price (undervalued). For HD, its fair-value estimate is 33% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.