SmarterDividends

HD vs PII: Which Is the Better Dividend Stock?

As of August 2026, HD (The Home Depot, Inc.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. PII offers the higher yield at 4.23%, HD has the higher dividend-safety score, and PII trades at the larger discount to fair value (-22%).

MetricHDPII
Forward yield2.76%4.23%
Annual dividend$9.32$2.72
Payout ratio65%373%
Years of growth16 yr30 yr
5-yr dividend growth8.9%1.6%
5-yr total return2%-46%
Dividend safety score86 (A)77 (B)
Fair value estimate$256.14$49.97
Upside to fair value-24%-22%
Frequencyquarterlyquarterly
Market cap$337.1B$3.6B
P/E ratio23.6

Higher yield

PII

4.23%

Safer dividend

HD

Grade A

Faster growth

HD

8.9%

Better value

PII

-22% upside

HD vs PII — FAQ

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