HD vs MGA: Which Is the Better Dividend Stock?
As of Nov 13, 2026, MGA (Magna International Inc.) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. MGA offers the higher yield at 3.17%, MGA has the higher dividend-safety score, and MGA looks like the better value (its fair-value estimate is 3% above its share price).
Key facts: HD vs MGA
Data as of · Source: SmarterDividends data
- As of Nov 13, 2026, Magna International Inc. (MGA) has the higher forward dividend yield at 3.17%, versus 2.68% for The Home Depot, Inc. (HD).
- As of Nov 13, 2026, SmarterDividends grades HD's dividend safety A (85/100) and MGA's A (86/100).
- By SmarterDividends' count as of Nov 13, 2026, HD has raised its dividend for 16 consecutive years and MGA for 16.
- As of Nov 13, 2026, HD pays out 65% of its earnings as dividends and MGA pays out 64%.
- As of Nov 13, 2026, HD's fair-value estimate is 34% below its share price and MGA's fair-value estimate is 3% above its share price, so MGA looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "HD vs MGA: Dividend Yield, Safety & Value Compared," updated Nov 13, 2026, https://smarterdividends.com/compare/hd-vs-mga
| Metric | HD | MGA |
|---|---|---|
| Forward yield | 2.68% | 3.17% |
| Annual dividend | $9.32 | $1.98 |
| Payout ratio | 65% | 64% |
| Years of growth | 16 yr | 16 yr |
| 5-yr dividend growth | 8.9% | 3.9% |
| 5-yr total return | -14% | -18% |
| Dividend safety score | 85 (A) | 86 (A) |
| Fair value estimate | $230.85 | $64.48 |
| Upside to fair value | -34% | +3% |
| Frequency | quarterly | quarterly |
| Market cap | $347.5B | $16.1B |
| P/E ratio | 24.4 | 20.3 |
Higher yield
MGA
3.17%
Safer dividend
MGA
Grade A
Faster growth
HD
8.9%
Better value
MGA
+3% upside
HD vs MGA — FAQ
Is HD or MGA a better dividend stock?
On the data, MGA wins more head-to-head categories (4 vs 3). MGA offers the higher yield (3.17%), while MGA 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 MGA?
MGA has the higher forward dividend yield at 3.17%, versus 2.68% for HD.
Is HD or MGA safer?
MGA has the higher dividend-safety score (86/100 vs 85/100), reflecting stronger payout coverage and dividend-growth history.
Is HD or MGA better value right now?
As of Nov 13, 2026, MGA looks like the better value: its fair-value estimate is 3% above its share price (fairly valued). For HD, its fair-value estimate is 34% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.