HD vs LEN-B: Which Is the Better Dividend Stock?
As of Nov 5, 2026, HD and LEN-B are closely matched. HD offers the higher yield at 2.62%, LEN-B 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: HD vs LEN-B
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 2.22% for Lennar Corporation (LEN-B).
- As of Nov 5, 2026, SmarterDividends grades HD's dividend safety A (85/100) and LEN-B's A (87/100).
- By SmarterDividends' count as of Nov 5, 2026, HD has raised its dividend for 16 consecutive years and LEN-B for 2.
- As of Nov 5, 2026, HD pays out 65% of its earnings as dividends and LEN-B pays out 38%.
- As of Nov 5, 2026, HD's fair-value estimate is 26% below its share price and LEN-B's fair-value estimate is 54% below its share price, so HD looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "HD vs LEN-B: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/hd-vs-len-b
| Metric | HD | LEN-B |
|---|---|---|
| Forward yield | 2.62% | 2.22% |
| Annual dividend | $9.32 | $2.00 |
| Payout ratio | 65% | 38% |
| Years of growth | 16 yr | 2 yr |
| 5-yr dividend growth | 8.9% | 33.3% |
| 5-yr total return | -18% | 5% |
| Dividend safety score | 85 (A) | 87 (A) |
| Fair value estimate | $262.27 | $41.14 |
| Upside to fair value | -26% | -54% |
| Frequency | quarterly | quarterly |
| Market cap | $351.4B | $21.3B |
| P/E ratio | 24.6 | 16.9 |
Higher yield
HD
2.62%
Safer dividend
LEN-B
Grade A
Faster growth
LEN-B
33.3%
Better value
HD
-26% upside
HD vs LEN-B — FAQ
Is HD or LEN-B a better dividend stock?
HD and LEN-B are closely matched. HD has the higher yield; LEN-B scores better on safety.
Which has a higher dividend yield, HD or LEN-B?
HD has the higher forward dividend yield at 2.62%, versus 2.22% for LEN-B.
Is HD or LEN-B safer?
LEN-B has the higher dividend-safety score (87/100 vs 85/100), reflecting stronger payout coverage and dividend-growth history.
Is HD or LEN-B 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 LEN-B, its fair-value estimate is 54% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.