Both retailers maintain 17-year dividend hikes but differ in yield and recent payout increases as Q2 2026 earnings approach.
Home Depot (HD) and Lowe’s (LOW) have each raised dividends for 17 consecutive years, reinforcing their status as income-focused stocks amid slower growth. Home Depot offers a $9.32 annual dividend, yielding 2.7%, while Lowe’s pays $5.00 annually, yielding 2.2%.
Lowe’s last dividend increase outpaced Home Depot’s, rising 4.2% compared to Home Depot’s 1.2% hike. Both companies face market saturation in the U.S., limiting expansion opportunities and shifting investor focus to dividend stability.
Investors may favor Lowe’s ahead of Q2 2026 earnings due to its stronger recent payout growth, despite Home Depot’s higher yield.