Which has a higher dividend yield, GPC or HD?

Genuine Parts Co (GPC) has a higher dividend yield of 2.79% compared to Home Depot, Inc. (HD) at 2.35%.

How much income does $10,000 in GPC vs HD generate?

A $10,000 investment in GPC generates approximately $279/year in dividends, while the same amount in HD generates about $235/year.

Is GPC or HD a Dividend Aristocrat?

Genuine Parts Co is a Dividend Aristocrat with 39 consecutive years of increases. Home Depot, Inc. does not currently qualify for aristocrat status.

Which has a lower payout ratio, GPC or HD?

Home Depot, Inc. has a lower payout ratio of 62% compared to Genuine Parts Co's 70%. A lower payout ratio generally indicates more room for dividend growth and better sustainability.

GPC vs HD: which is better for retirement income?

It depends on your priorities. GPC for current income, HD for safety. Many retirement investors hold both for diversification.

GPC vs HD: Dividend Comparison

GPC$147.18

Genuine Parts Co

Consumer Discretionary

HD$390.99

Home Depot, Inc.

Consumer Discretionary

Dividend data as of August 16, 2026

Genuine Parts Co (GPC) and Home Depot, Inc. (HD) are both in the Consumer Discretionary sector, making them natural rivals for dividend investors. GPC edges ahead on yield at 2.79% versus HD's 2.35%. Both stocks carry a "Moderate" dividend safety rating. GPC is a Dividend Aristocrat with 39 years of consecutive increases.

Verdict

Best for Income

GPC

Higher yield at 2.79%

Best for Safety

Lower payout ratio (62%)

Metric

GPC

Price

$147.18

$390.99

Dividend Yield

2.79%

2.35%

Annual Dividend

$4.09

$9.20

5yr Div CAGR

6.0%

—

3yr Div CAGR

4.1%

—

Consecutive Years

—

Payout Ratio

70.40%

62.41%

P/E Ratio

—

Market Cap

—

Income on $10k

$279/yr

$235/yr

Yield Analysis

GPC

2.79%

2.35%

GPC yields 0.43% more than HD. In dollar terms, GPC pays $4.09/share vs HD's $9.20/share annually.

Dividend Growth

GPC 5yr CAGR

6.0%

decelerating

HD 5yr CAGR

—

GPC: Dividend growth is slowing — the 3-year CAGR of 4.1% trails the 5-year rate of 6.0% and the 10-year rate of 5.1%.

Dividend Safety

GPC

Moderate

Payout Ratio70%

Moderate

Payout Ratio62%

GPC: The payout ratio of 70% is moderate. The dividend is currently covered by earnings but leaves less room for growth. Earnings cover the dividend 1.4x.

HD: The payout ratio of 62% is moderate. The dividend is currently covered by earnings but leaves less room for growth.

Estimated Annual Dividend Income

Based on current dividend yields. Actual income may vary.

Investment

GPC

Difference

$10,000

$279/yr

$235/yr

+$44 (GPC)

$50,000

$1,394/yr

$1,177/yr

+$217 (GPC)

$100,000

$2,788/yr

$2,355/yr

+$433 (GPC)

What does $10,000 buy in GPC vs HD today?

At $147.18 per share, $10,000 buys about 67.9 shares of Genuine Parts Co (GPC). Each share pays $4.09 per year in dividends, so the position starts out generating roughly $278 per year — about $23 a month.

At $390.99 per share, $10,000 buys about 25.6 shares of Home Depot, Inc. (HD). Each share pays $9.20 per year in dividends, so the position starts out generating roughly $235 per year — about $20 a month.

GPC is the larger income stream from day one: $43 per year more on the same $10,000 invested.

Why is there no dividend growth comparison for HD?

REWD's dividend database has no five-year growth rate for Home Depot, Inc. (HD) — most often because the dividend history is too short to compute one, which is common for companies that began paying dividends only in the past few years.

What the data does show for HD: a 2.35% current yield and a moderate 62% payout ratio. Until a multi-year raise history exists, treat any growth assumption for HD as a guess rather than a trend.

Genuine Parts Co (GPC) is the one with a measurable track record here — dividend raises of about 6.0% a year over the past five years. If a proven raise history matters to you, GPC wins that dimension by default until HD builds one.

Can GPC and HD afford their dividends?

Genuine Parts Co (GPC) earns $5.81 per share against $4.09 paid out in dividends — 1.4x coverage (a 70% payout ratio).

Home Depot, Inc. (HD) pays out about 62% of its earnings as dividends, which implies roughly 1.6x earnings coverage.

Coverage is similar for both, so neither dividend looks meaningfully more stretched than the other on current earnings.

Which fits an early-retirement income portfolio better, GPC or HD?

For income you need right now, Genuine Parts Co (GPC) leads: $100,000 invested today pays about $232 a month at the current 2.79% yield, versus $196 a month from Home Depot, Inc. (HD) at 2.35%.

On consistency: GPC has raised its dividend 39 consecutive years.

Many income investors simply hold both — the mix pairs current yield with growth and spreads single-name risk. Whichever way you lean, dividends are never guaranteed; recheck the payout each quarter rather than setting and forgetting.

$10,000 with DRIP: projected annual income

If each holding keeps raising its dividend at its real 5-year rate and every payment is reinvested, a $10,000 position pays $659/yr in GPC vs $297/yr in HD by year 10.

Assumes dividends are reinvested at the current yield and grow at each holding's trailing 5-year dividend CAGR (0% where growth history is unavailable). A projection, not a prediction — no price appreciation modeled.

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