HD vs LKQ: Which Is the Better Dividend Stock?
As of Oct 27, 2026, HD (The Home Depot, Inc.) screens as the stronger dividend stock, winning 5 of 7 head-to-head metrics. LKQ offers the higher yield at 6.96%, HD has the higher dividend-safety score, and LKQ looks like the better value (its fair-value estimate is 128% above its share price).
Key facts: HD vs LKQ
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, LKQ Corporation (LKQ) has the higher forward dividend yield at 6.96%, versus 2.92% for The Home Depot, Inc. (HD).
- As of Oct 27, 2026, SmarterDividends grades HD's dividend safety A (85/100) and LKQ's B (68/100).
- By SmarterDividends' count as of Oct 27, 2026, HD has raised its dividend for 16 consecutive years and LKQ for 0.
- As of Oct 27, 2026, HD pays out 65% of its earnings as dividends and LKQ pays out 67%.
- As of Oct 27, 2026, HD's fair-value estimate is 17% below its share price and LKQ's fair-value estimate is 128% above its share price, so LKQ looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "HD vs LKQ: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/hd-vs-lkq
| Metric | HD | LKQ |
|---|---|---|
| Forward yield | 2.92% | 6.96% |
| Annual dividend | $9.32 | $1.20 |
| Payout ratio | 65% | 67% |
| Years of growth | 16 yr | 0 yr |
| 5-yr dividend growth | 8.9% | — |
| 5-yr total return | -20% | -69% |
| Dividend safety score | 85 (A) | 68 (B) |
| Fair value estimate | $266.02 | $39.32 |
| Upside to fair value | -17% | +128% |
| Frequency | quarterly | quarterly |
| Market cap | $318.6B | $4.4B |
| P/E ratio | 22.3 | 9.7 |
Higher yield
LKQ
6.96%
Safer dividend
HD
Grade A
Faster growth
HD
8.9%
Better value
LKQ
+128% upside
HD vs LKQ — FAQ
Is HD or LKQ a better dividend stock?
On the data, HD wins more head-to-head categories (5 vs 2). LKQ offers the higher yield (6.96%), 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 LKQ?
LKQ has the higher forward dividend yield at 6.96%, versus 2.92% for HD.
Is HD or LKQ safer?
HD has the higher dividend-safety score (85/100 vs 68/100), reflecting stronger payout coverage and dividend-growth history.
Is HD or LKQ better value right now?
As of Oct 27, 2026, LKQ looks like the better value: its fair-value estimate is 128% above its share price (undervalued). For HD, its fair-value estimate is 17% below its share price.
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.
