HD vs PHM: Which Is the Better Dividend Stock?
As of Nov 5, 2026, HD and PHM are closely matched. HD offers the higher yield at 2.62%, PHM has the higher dividend-safety score, and HD looks like the better value (its fair-value estimate is 26% below its share price).
Key facts: HD vs PHM
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, The Home Depot, Inc. (HD) has the higher forward dividend yield at 2.62%, versus 0.76% for PulteGroup, Inc. (PHM).
- As of Nov 5, 2026, SmarterDividends grades HD's dividend safety A (85/100) and PHM's A (98/100).
- By SmarterDividends' count as of Nov 5, 2026, HD has raised its dividend for 16 consecutive years and PHM for 8.
- As of Nov 5, 2026, HD pays out 65% of its earnings as dividends and PHM pays out 11%.
- As of Nov 5, 2026, HD's fair-value estimate is 26% below its share price and PHM's fair-value estimate is 30% below its share price, so HD looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "HD vs PHM: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/hd-vs-phm
| Metric | HD | PHM |
|---|---|---|
| Forward yield | 2.62% | 0.76% |
| Annual dividend | $9.32 | $1.04 |
| Payout ratio | 65% | 11% |
| Years of growth | 16 yr | 8 yr |
| 5-yr dividend growth | 8.9% | 13.0% |
| 5-yr total return | -18% | 149% |
| Dividend safety score | 85 (A) | 98 (A) |
| Fair value estimate | $262.27 | $93.88 |
| Upside to fair value | -26% | -30% |
| Frequency | quarterly | quarterly |
| Market cap | $351.4B | $25.6B |
| P/E ratio | 24.6 | 14.4 |
Higher yield
HD
2.62%
Safer dividend
PHM
Grade A
Faster growth
PHM
13.0%
Better value
HD
-26% upside
HD vs PHM — FAQ
Is HD or PHM a better dividend stock?
HD and PHM are closely matched. HD has the higher yield; PHM scores better on safety.
Which has a higher dividend yield, HD or PHM?
HD has the higher forward dividend yield at 2.62%, versus 0.76% for PHM.
Is HD or PHM safer?
PHM has the higher dividend-safety score (98/100 vs 85/100), reflecting stronger payout coverage and dividend-growth history.
Is HD or PHM better value right now?
As of Nov 5, 2026, HD looks like the better value: its fair-value estimate is 26% below its share price (overvalued). For PHM, its fair-value estimate is 30% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.