SmarterDividends

HD vs MNRO: Which Is the Better Dividend Stock?

As of July 2026, HD (The Home Depot, Inc.) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. MNRO offers the higher yield at 6.60%, HD has the higher dividend-safety score, and MNRO trades at the larger discount to fair value (-23%).

MetricHDMNRO
Forward yield2.75%6.60%
Annual dividend$9.32$1.12
Payout ratio66%3733%
Years of growth16 yr0 yr
5-yr dividend growth8.9%4.9%
5-yr total return4%-70%
Dividend safety score84 (A)81 (A)
Fair value estimate$255.76$13.14
Upside to fair value-25%-23%
Frequencyquarterlyquarterly
Market cap$332.1B$524.6M
P/E ratio24.1559.7

Higher yield

MNRO

6.60%

Safer dividend

HD

Grade A

Faster growth

HD

8.9%

Better value

MNRO

-23% upside

HD vs MNRO — FAQ

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