HD vs TJX: Which Is the Better Dividend Stock?
As of Oct 24, 2026, HD and TJX are closely matched. HD offers the higher yield at 2.91%, HD has the higher dividend-safety score, and HD looks like the better value (its fair-value estimate is 17% below its share price).
Key facts: HD vs TJX
Data as of · Source: SmarterDividends data
- As of Oct 24, 2026, The Home Depot, Inc. (HD) has the higher forward dividend yield at 2.91%, versus 1.32% for The TJX Companies, Inc. (TJX).
- As of Oct 24, 2026, SmarterDividends grades HD's dividend safety A (85/100) and TJX's A (83/100).
- By SmarterDividends' count as of Oct 24, 2026, HD has raised its dividend for 16 consecutive years and TJX for 29.
- As of Oct 24, 2026, HD pays out 65% of its earnings as dividends and TJX pays out 33%.
- As of Oct 24, 2026, HD's fair-value estimate is 17% below its share price and TJX's fair-value estimate is 32% below its share price, so HD looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "HD vs TJX: Dividend Yield, Safety & Value Compared," updated Oct 24, 2026, https://smarterdividends.com/compare/hd-vs-tjx
| Metric | HD | TJX |
|---|---|---|
| Forward yield | 2.91% | 1.32% |
| Annual dividend | $9.32 | $1.92 |
| Payout ratio | 65% | 33% |
| Years of growth | 16 yr | 29 yr |
| 5-yr dividend growth | 8.9% | 12.4% |
| 5-yr total return | -20% | 109% |
| Dividend safety score | 85 (A) | 83 (A) |
| Fair value estimate | $266.02 | $98.26 |
| Upside to fair value | -17% | -32% |
| Frequency | quarterly | quarterly |
| Market cap | $319.1B | $160.2B |
| P/E ratio | 22.4 | 26.9 |
Higher yield
HD
2.91%
Safer dividend
HD
Grade A
Faster growth
TJX
12.4%
Better value
HD
-17% upside
HD vs TJX — FAQ
Is HD or TJX a better dividend stock?
HD and TJX are closely matched. HD has the higher yield; HD scores better on safety.
Which has a higher dividend yield, HD or TJX?
HD has the higher forward dividend yield at 2.91%, versus 1.32% for TJX.
Is HD or TJX safer?
HD has the higher dividend-safety score (85/100 vs 83/100), reflecting stronger payout coverage and dividend-growth history.
Is HD or TJX better value right now?
As of Oct 24, 2026, HD looks like the better value: its fair-value estimate is 17% below its share price (overvalued). For TJX, its fair-value estimate is 32% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.