HD vs MTH: Which Is the Better Dividend Stock?
As of Oct 18, 2026, HD (The Home Depot, Inc.) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. MTH offers the higher yield at 3.24%, HD has the higher dividend-safety score, and HD looks like the better value (its fair-value estimate is 14% below its share price).
Key facts: HD vs MTH
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Meritage Homes Corporation (MTH) has the higher forward dividend yield at 3.24%, versus 3.01% for The Home Depot, Inc. (HD).
- As of Oct 18, 2026, SmarterDividends grades HD's dividend safety A (85/100) and MTH's B (75/100).
- By SmarterDividends' count as of Oct 18, 2026, HD has raised its dividend for 16 consecutive years and MTH for 3.
- As of Oct 18, 2026, HD pays out 65% of its earnings as dividends and MTH pays out 38%.
- As of Oct 18, 2026, HD's fair-value estimate is 14% below its share price and MTH's fair-value estimate is 54% below its share price, so HD looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "HD vs MTH: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/hd-vs-mth
| Metric | HD | MTH |
|---|---|---|
| Forward yield | 3.01% | 3.24% |
| Annual dividend | $9.32 | $1.92 |
| Payout ratio | 65% | 38% |
| Years of growth | 16 yr | 3 yr |
| 5-yr dividend growth | 8.9% | — |
| 5-yr total return | -23% | 5% |
| Dividend safety score | 85 (A) | 75 (B) |
| Fair value estimate | $266.02 | $26.97 |
| Upside to fair value | -14% | -54% |
| Frequency | quarterly | quarterly |
| Market cap | $308.9B | $3.9B |
| P/E ratio | 21.7 | 12.4 |
Higher yield
MTH
3.24%
Safer dividend
HD
Grade A
Faster growth
HD
8.9%
Better value
HD
-14% upside
HD vs MTH — FAQ
Is HD or MTH a better dividend stock?
On the data, HD wins more head-to-head categories (4 vs 3). MTH offers the higher yield (3.24%), 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 MTH?
MTH has the higher forward dividend yield at 3.24%, versus 3.01% for HD.
Is HD or MTH safer?
HD has the higher dividend-safety score (85/100 vs 75/100), reflecting stronger payout coverage and dividend-growth history.
Is HD or MTH better value right now?
As of Oct 18, 2026, HD looks like the better value: its fair-value estimate is 14% below its share price (fairly valued). For MTH, its fair-value estimate is 54% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.