HD vs SHOE: Which Is the Better Dividend Stock?
As of Oct 23, 2026, HD (The Home Depot, Inc.) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. SHOE offers the higher yield at 4.78%, HD has the higher dividend-safety score, and HD looks like the better value (its fair-value estimate is 19% below its share price).
Key facts: HD vs SHOE
Data as of · Source: SmarterDividends data
- As of Oct 23, 2026, Shoe Station Group Inc. (SHOE) has the higher forward dividend yield at 4.78%, versus 2.84% for The Home Depot, Inc. (HD).
- As of Oct 23, 2026, SmarterDividends grades HD's dividend safety A (85/100) and SHOE's A (81/100).
- By SmarterDividends' count as of Oct 23, 2026, HD has raised its dividend for 16 consecutive years and SHOE for 11.
- As of Oct 23, 2026, HD pays out 65% of its earnings as dividends and SHOE pays out 73%.
- As of Oct 23, 2026, HD's fair-value estimate is 19% below its share price and SHOE's fair-value estimate is 33% below its share price, so HD looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "HD vs SHOE: Dividend Yield, Safety & Value Compared," updated Oct 23, 2026, https://smarterdividends.com/compare/hd-vs-shoe
| Metric | HD | SHOE |
|---|---|---|
| Forward yield | 2.84% | 4.78% |
| Annual dividend | $9.32 | $0.68 |
| Payout ratio | 65% | 73% |
| Years of growth | 16 yr | 11 yr |
| 5-yr dividend growth | 8.9% | 27.3% |
| 5-yr total return | -23% | -65% |
| Dividend safety score | 85 (A) | 81 (A) |
| Fair value estimate | $266.02 | $9.46 |
| Upside to fair value | -19% | -33% |
| Frequency | quarterly | quarterly |
| Market cap | $327.0B | $386.6M |
| P/E ratio | 22.9 | 16.2 |
Higher yield
SHOE
4.78%
Safer dividend
HD
Grade A
Faster growth
SHOE
27.3%
Better value
HD
-19% upside
HD vs SHOE — FAQ
Is HD or SHOE a better dividend stock?
On the data, HD wins more head-to-head categories (6 vs 2). SHOE offers the higher yield (4.78%), 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 SHOE?
SHOE has the higher forward dividend yield at 4.78%, versus 2.84% for HD.
Is HD or SHOE safer?
HD has the higher dividend-safety score (85/100 vs 81/100), reflecting stronger payout coverage and dividend-growth history.
Is HD or SHOE better value right now?
As of Oct 23, 2026, HD looks like the better value: its fair-value estimate is 19% below its share price (overvalued). For SHOE, its fair-value estimate is 33% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.