Home Depot vs. Lowe’s: One Dividend Looks Much stronger Under the Hood

This article compares the dividend strength of Home Depot (HD) and Lowe's (LOW), concluding that Lowe's dividend is significantly stronger despite Home Depot's higher yield. Lowe's boasts a longer dividend growth streak, a leaner payout ratio, and superior free cash flow coverage, making it a safer and faster-compounding payout for income investors. While Home Depot offers a higher current yield, Lowe's dividend growth rate, payout ratio, and valuation make it the more attractive option for long-term dividend investors.