HD vs THO: Which Is the Better Dividend Stock?
As of Oct 18, 2026, THO (THOR Industries, Inc.) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. THO offers the higher yield at 3.16%, THO has the higher dividend-safety score, and THO looks like the better value (its fair-value estimate is 7% below its share price).
Key facts: HD vs THO
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, THOR Industries, Inc. (THO) has the higher forward dividend yield at 3.16%, versus 3.01% for The Home Depot, Inc. (HD).
- As of Oct 18, 2026, SmarterDividends grades HD's dividend safety A (85/100) and THO's A (88/100).
- By SmarterDividends' count as of Oct 18, 2026, HD has raised its dividend for 16 consecutive years and THO for 16.
- As of Oct 18, 2026, HD pays out 65% of its earnings as dividends and THO pays out 62%.
- As of Oct 18, 2026, HD's fair-value estimate is 14% below its share price and THO's fair-value estimate is 7% below its share price, so THO looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "HD vs THO: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/hd-vs-tho
| Metric | HD | THO |
|---|---|---|
| Forward yield | 3.01% | 3.16% |
| Annual dividend | $9.32 | $2.16 |
| Payout ratio | 65% | 62% |
| Years of growth | 16 yr | 16 yr |
| 5-yr dividend growth | 8.9% | 4.5% |
| 5-yr total return | -23% | -35% |
| Dividend safety score | 85 (A) | 88 (A) |
| Fair value estimate | $266.02 | $63.44 |
| Upside to fair value | -14% | -7% |
| Frequency | quarterly | quarterly |
| Market cap | $308.9B | $3.5B |
| P/E ratio | 21.7 | 20.2 |
Higher yield
THO
3.16%
Safer dividend
THO
Grade A
Faster growth
HD
8.9%
Better value
THO
-7% upside
HD vs THO — FAQ
Is HD or THO a better dividend stock?
On the data, THO wins more head-to-head categories (4 vs 3). THO offers the higher yield (3.16%), while THO 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 THO?
THO has the higher forward dividend yield at 3.16%, versus 3.01% for HD.
Is HD or THO safer?
THO has the higher dividend-safety score (88/100 vs 85/100), reflecting stronger payout coverage and dividend-growth history.
Is HD or THO better value right now?
As of Oct 18, 2026, THO looks like the better value: its fair-value estimate is 7% below its share price (fairly valued). For HD, its fair-value estimate is 14% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.