HD vs MNRO: Which Is the Better Dividend Stock?
As of Oct 27, 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 8.34%, HD has the higher dividend-safety score, and MNRO looks like the better value (its fair-value estimate is 12% above its share price).
Key facts: HD vs MNRO
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, Monro, Inc. (MNRO) has the higher forward dividend yield at 8.34%, versus 2.92% for The Home Depot, Inc. (HD).
- As of Oct 27, 2026, SmarterDividends grades HD's dividend safety A (85/100) and MNRO's B (74/100).
- By SmarterDividends' count as of Oct 27, 2026, HD has raised its dividend for 16 consecutive years and MNRO for 0.
- As of Oct 27, 2026, HD's fair-value estimate is 17% below its share price and MNRO's fair-value estimate is 12% above its share price, so MNRO looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "HD vs MNRO: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/hd-vs-mnro
| Metric | HD | MNRO |
|---|---|---|
| Forward yield | 2.92% | 8.34% |
| Annual dividend | $9.32 | $1.12 |
| Payout ratio | 65% | 509% |
| Years of growth | 16 yr | 0 yr |
| 5-yr dividend growth | 8.9% | 4.9% |
| 5-yr total return | -20% | -76% |
| Dividend safety score | 85 (A) | 74 (B) |
| Fair value estimate | $266.02 | $14.96 |
| Upside to fair value | -17% | +12% |
| Frequency | quarterly | quarterly |
| Market cap | $318.6B | $419.0M |
| P/E ratio | 22.3 | 61.0 |
Higher yield
MNRO
8.34%
Safer dividend
HD
Grade A
Faster growth
HD
8.9%
Better value
MNRO
+12% upside
HD vs MNRO — FAQ
Is HD or MNRO a better dividend stock?
On the data, HD wins more head-to-head categories (6 vs 2). MNRO offers the higher yield (8.34%), 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 MNRO?
MNRO has the higher forward dividend yield at 8.34%, versus 2.92% for HD.
Is HD or MNRO safer?
HD has the higher dividend-safety score (85/100 vs 74/100), reflecting stronger payout coverage and dividend-growth history.
Is HD or MNRO better value right now?
As of Oct 27, 2026, MNRO looks like the better value: its fair-value estimate is 12% above its share price (fairly valued). 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.