SmarterDividends

HD vs PII: Which Is the Better Dividend Stock?

As of June 2026, HD (The Home Depot, Inc.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. PII offers the higher yield at 3.83%, HD has the higher dividend-safety score, and PII trades at the larger discount to fair value (+36%).

MetricHDPII
Forward yield2.84%3.83%
Annual dividend$9.32$2.72
Payout ratio66%373%
Years of growth16 yr30 yr
5-yr dividend growth8.9%1.6%
5-yr total return3%-48%
Dividend safety score84 (A)83 (A)
Fair value estimate$253.53$96.17
Upside to fair value-23%+36%
Frequencyquarterlyquarterly
Market cap$327.4B$4.0B
P/E ratio23.3

Higher yield

PII

3.83%

Safer dividend

HD

Grade A

Faster growth

HD

8.9%

Better value

PII

+36% upside

HD vs PII — FAQ

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