SmarterDividends

HD vs SMTOY: Which Is the Better Dividend Stock?

As of Nov 5, 2026, HD (The Home Depot, Inc.) screens as the stronger dividend stock, winning 5 of 7 head-to-head metrics. HD offers the higher yield at 2.62%, HD has the higher dividend-safety score, and SMTOY looks like the better value (its fair-value estimate is 39% above its share price).

Key facts: HD vs SMTOY

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 2.53% for Sumitomo Electric Industries, Ltd. (SMTOY).
  • As of Nov 5, 2026, SmarterDividends grades HD's dividend safety A (85/100) and SMTOY's B (75/100).
  • By SmarterDividends' count as of Nov 5, 2026, HD has raised its dividend for 16 consecutive years and SMTOY for 3.
  • As of Nov 5, 2026, HD pays out 65% of its earnings as dividends and SMTOY pays out 72%.
  • As of Nov 5, 2026, HD's fair-value estimate is 26% below its share price and SMTOY's fair-value estimate is 39% above its share price, so SMTOY looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "HD vs SMTOY: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/hd-vs-smtoy

MetricHDSMTOY
Forward yield2.62%2.53%
Annual dividend$9.32$0.12
Payout ratio65%72%
Years of growth16 yr3 yr
5-yr dividend growth8.9%—
5-yr total return-18%235%
Dividend safety score85 (A)75 (B)
Fair value estimate$262.27$5.77
Upside to fair value-26%+39%
Frequencyquarterlysemiannual
Market cap$351.4B$25.8B
P/E ratio24.612.9

Higher yield

HD

2.62%

Safer dividend

HD

Grade A

Faster growth

HD

8.9%

Better value

SMTOY

+39% upside

HD vs SMTOY — FAQ

Is HD or SMTOY a better dividend stock?

On the data, HD wins more head-to-head categories (5 vs 2). HD offers the higher yield (2.62%), 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 SMTOY?

HD has the higher forward dividend yield at 2.62%, versus 2.53% for SMTOY.

Is HD or SMTOY safer?

HD has the higher dividend-safety score (85/100 vs 75/100), reflecting stronger payout coverage and dividend-growth history.

Is HD or SMTOY better value right now?

As of Nov 5, 2026, SMTOY looks like the better value: its fair-value estimate is 39% above its share price (undervalued). For HD, its fair-value estimate is 26% below its share price.

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