HD vs TOYOF: Which Is the Better Dividend Stock?
As of Nov 5, 2026, HD and TOYOF are closely matched. TOYOF offers the higher yield at 3.20%, HD has the higher dividend-safety score, and TOYOF looks like the better value (its fair-value estimate is 60% above its share price).
Key facts: HD vs TOYOF
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, Toyota Motor Corporation (TOYOF) has the higher forward dividend yield at 3.20%, versus 2.62% for The Home Depot, Inc. (HD).
- As of Nov 5, 2026, SmarterDividends grades HD's dividend safety A (85/100) and TOYOF's C (51/100).
- By SmarterDividends' count as of Nov 5, 2026, HD has raised its dividend for 16 consecutive years and TOYOF for 3.
- As of Nov 5, 2026, HD pays out 65% of its earnings as dividends and TOYOF pays out 27%.
- As of Nov 5, 2026, HD's fair-value estimate is 26% below its share price and TOYOF's fair-value estimate is 60% above its share price, so TOYOF looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "HD vs TOYOF: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/hd-vs-toyof
| Metric | HD | TOYOF |
|---|---|---|
| Forward yield | 2.62% | 3.20% |
| Annual dividend | $9.32 | $0.63 |
| Payout ratio | 65% | 27% |
| Years of growth | 16 yr | 3 yr |
| 5-yr dividend growth | 8.9% | 8.4% |
| 5-yr total return | -18% | 7% |
| Dividend safety score | 85 (A) | 51 (C) |
| Fair value estimate | $262.27 | $34.79 |
| Upside to fair value | -26% | +60% |
| Frequency | quarterly | semiannual |
| Market cap | $351.4B | $255.7B |
| P/E ratio | 24.6 | 9.5 |
Higher yield
TOYOF
3.20%
Safer dividend
HD
Grade A
Faster growth
HD
8.9%
Better value
TOYOF
+60% upside
HD vs TOYOF — FAQ
Is HD or TOYOF a better dividend stock?
HD and TOYOF are closely matched. TOYOF has the higher yield; HD scores better on safety.
Which has a higher dividend yield, HD or TOYOF?
TOYOF has the higher forward dividend yield at 3.20%, versus 2.62% for HD.
Is HD or TOYOF safer?
HD has the higher dividend-safety score (85/100 vs 51/100), reflecting stronger payout coverage and dividend-growth history.
Is HD or TOYOF better value right now?
As of Nov 5, 2026, TOYOF looks like the better value: its fair-value estimate is 60% above its share price (undervalued). For HD, its fair-value estimate is 26% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.