SmarterDividends

BYD vs TOYOF: Which Is the Better Dividend Stock?

As of Oct 18, 2026, BYD (Boyd Gaming Corporation) screens as the stronger dividend stock, winning 5 of 7 head-to-head metrics. TOYOF offers the higher yield at 3.40%, BYD has the higher dividend-safety score, and TOYOF looks like the better value (its fair-value estimate is 90% above its share price).

Key facts: BYD vs TOYOF

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Toyota Motor Corporation (TOYOF) has the higher forward dividend yield at 3.40%, versus 1.14% for Boyd Gaming Corporation (BYD).
  • As of Oct 18, 2026, SmarterDividends grades BYD's dividend safety C (65/100) and TOYOF's C (51/100).
  • By SmarterDividends' count as of Oct 18, 2026, BYD has raised its dividend for 6 consecutive years and TOYOF for 3.
  • As of Oct 18, 2026, BYD pays out 3% of its earnings as dividends and TOYOF pays out 27%.
  • As of Oct 18, 2026, BYD's fair-value estimate is 21% below its share price and TOYOF's fair-value estimate is 90% above its share price, so TOYOF looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "BYD vs TOYOF: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/byd-vs-toyof

MetricBYDTOYOF
Forward yield1.14%3.40%
Annual dividend$0.80$0.63
Payout ratio3%27%
Years of growth6 yr3 yr
5-yr dividend growth—8.4%
5-yr total return20%4%
Dividend safety score65 (C)51 (C)
Fair value estimate$55.07$35.27
Upside to fair value-21%+90%
Frequencyquarterlysemiannual
Market cap$5.1B$219.1B
P/E ratio3.18.2

Higher yield

TOYOF

3.40%

Safer dividend

BYD

Grade C

Faster growth

TOYOF

8.4%

Better value

TOYOF

+90% upside

BYD vs TOYOF — FAQ

Is BYD or TOYOF a better dividend stock?

On the data, BYD wins more head-to-head categories (5 vs 2). TOYOF offers the higher yield (3.40%), while BYD has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.

Which has a higher dividend yield, BYD or TOYOF?

TOYOF has the higher forward dividend yield at 3.40%, versus 1.14% for BYD.

Is BYD or TOYOF safer?

BYD has the higher dividend-safety score (65/100 vs 51/100), reflecting stronger payout coverage and dividend-growth history.

Is BYD or TOYOF better value right now?

As of Oct 18, 2026, TOYOF looks like the better value: its fair-value estimate is 90% above its share price (undervalued). For BYD, its fair-value estimate is 21% below its share price.

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.