Better Dividend Stock Buy: Home Depot vs. Procter & Gamble
Investors avoided both Home Depot (NYSE: HD) and Procter Gamble (NYSE: PG) stocks this past year as Wall Street turned its attention back toward high-growth tech businesses. That shift represents a great opportunity for income investors. The underperformance means these stocks are available at a relative discount, and their dividend yields are higher than you might find elsewhere in the Dow Jones Industrial Average.
But which one would be the better fit for your portfolio right now? Let's dive right in.
Procter Gamble is doing better in the growth department today. Organic sales were up 7% last quarter and are on track to rise by about 5% in this fiscal year. Contrast that with Home Depot, which is expecting a roughly 4% decline for fiscal 2023.
Source Fool.com
