SmarterDividends

HD vs MUSA: Which Is the Better Dividend Stock?

As of Nov 8, 2026, HD (The Home Depot, Inc.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. HD offers the higher yield at 2.71%, HD has the higher dividend-safety score, and HD looks like the better value (its fair-value estimate is 33% below its share price).

Key facts: HD vs MUSA

Data as of · Source: SmarterDividends data

  • As of Nov 8, 2026, The Home Depot, Inc. (HD) has the higher forward dividend yield at 2.71%, versus 0.55% for Murphy USA Inc. (MUSA).
  • As of Nov 8, 2026, SmarterDividends grades HD's dividend safety A (85/100) and MUSA's B (74/100).
  • By SmarterDividends' count as of Nov 8, 2026, HD has raised its dividend for 16 consecutive years and MUSA for 5.
  • As of Nov 8, 2026, HD pays out 65% of its earnings as dividends and MUSA pays out 7%.
  • As of Nov 8, 2026, HD's fair-value estimate is 33% below its share price and MUSA's fair-value estimate is 38% below its share price, so HD looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "HD vs MUSA: Dividend Yield, Safety & Value Compared," updated Nov 8, 2026, https://smarterdividends.com/compare/hd-vs-musa

MetricHDMUSA
Forward yield2.71%0.55%
Annual dividend$9.32$2.88
Payout ratio65%7%
Years of growth16 yr5 yr
5-yr dividend growth8.9%16.5%
5-yr total return-14%201%
Dividend safety score85 (A)74 (B)
Fair value estimate$230.85$324.02
Upside to fair value-33%-38%
Frequencyquarterlyquarterly
Market cap$342.7B$9.4B
P/E ratio24.014.7

Higher yield

HD

2.71%

Safer dividend

HD

Grade A

Faster growth

MUSA

16.5%

Better value

HD

-33% upside

HD vs MUSA — FAQ

Is HD or MUSA a better dividend stock?

On the data, HD wins more head-to-head categories (5 vs 3). HD offers the higher yield (2.71%), 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 MUSA?

HD has the higher forward dividend yield at 2.71%, versus 0.55% for MUSA.

Is HD or MUSA safer?

HD has the higher dividend-safety score (85/100 vs 74/100), reflecting stronger payout coverage and dividend-growth history.

Is HD or MUSA better value right now?

As of Nov 8, 2026, HD looks like the better value: its fair-value estimate is 33% below its share price (overvalued). For MUSA, its fair-value estimate is 38% below its share price.

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.