HD vs LOW: Which Is the Better Dividend Stock?
As of Oct 24, 2026, LOW (Lowe's Companies, Inc.) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. HD offers the higher yield at 2.91%, LOW has the higher dividend-safety score, and LOW looks like the better value (its fair-value estimate is 9% above its share price).
Key facts: HD vs LOW
Data as of · Source: SmarterDividends data
- As of Oct 24, 2026, The Home Depot, Inc. (HD) has the higher forward dividend yield at 2.91%, versus 2.52% for Lowe's Companies, Inc. (LOW).
- As of Oct 24, 2026, SmarterDividends grades HD's dividend safety A (85/100) and LOW's A (89/100).
- By SmarterDividends' count as of Oct 24, 2026, HD has raised its dividend for 16 consecutive years and LOW for 30.
- As of Oct 24, 2026, HD pays out 65% of its earnings as dividends and LOW pays out 41%.
- As of Oct 24, 2026, HD's fair-value estimate is 17% below its share price and LOW's fair-value estimate is 9% above its share price, so LOW looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "HD vs LOW: Dividend Yield, Safety & Value Compared," updated Oct 24, 2026, https://smarterdividends.com/compare/hd-vs-low
| Metric | HD | LOW |
|---|---|---|
| Forward yield | 2.91% | 2.52% |
| Annual dividend | $9.32 | $5.00 |
| Payout ratio | 65% | 41% |
| Years of growth | 16 yr | 30 yr |
| 5-yr dividend growth | 8.9% | 15.9% |
| 5-yr total return | -20% | -19% |
| Dividend safety score | 85 (A) | 89 (A) |
| Fair value estimate | $266.02 | $216.65 |
| Upside to fair value | -17% | +9% |
| Frequency | quarterly | quarterly |
| Market cap | $319.1B | $111.5B |
| P/E ratio | 22.4 | 16.8 |
Higher yield
HD
2.91%
Safer dividend
LOW
Grade A
Faster growth
LOW
15.9%
Better value
LOW
+9% upside
HD vs LOW — FAQ
Is HD or LOW a better dividend stock?
On the data, LOW wins more head-to-head categories (6 vs 2). HD offers the higher yield (2.91%), while LOW 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 LOW?
HD has the higher forward dividend yield at 2.91%, versus 2.52% for LOW.
Is HD or LOW safer?
LOW has the higher dividend-safety score (89/100 vs 85/100), reflecting stronger payout coverage and dividend-growth history.
Is HD or LOW better value right now?
As of Oct 24, 2026, LOW looks like the better value: its fair-value estimate is 9% above its share price (fairly valued). 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.