CCL vs TOYOF: Which Is the Better Dividend Stock?
As of Nov 5, 2026, CCL (Carnival Corporation Ltd.) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. TOYOF offers the higher yield at 3.20%, CCL has the higher dividend-safety score, and CCL looks like the better value (its fair-value estimate is 101% above its share price).
Key facts: CCL vs TOYOF
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, Toyota Motor Corporation (TOYOF) has the higher forward dividend yield at 3.20%, versus 1.44% for Carnival Corporation Ltd. (CCL).
- As of Nov 5, 2026, SmarterDividends grades CCL's dividend safety C (58/100) and TOYOF's C (51/100).
- By SmarterDividends' count as of Nov 5, 2026, CCL has raised its dividend for 0 consecutive years and TOYOF for 3.
- As of Nov 5, 2026, CCL pays out 20% of its earnings as dividends and TOYOF pays out 27%.
- As of Nov 5, 2026, CCL's fair-value estimate is 101% above its share price and TOYOF's fair-value estimate is 60% above its share price, so CCL looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "CCL vs TOYOF: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/ccl-vs-toyof
| Metric | CCL | TOYOF |
|---|---|---|
| Forward yield | 1.44% | 3.20% |
| Annual dividend | $0.45 | $0.63 |
| Payout ratio | 20% | 27% |
| Years of growth | 0 yr | 3 yr |
| 5-yr dividend growth | — | 8.4% |
| 5-yr total return | 64% | 7% |
| Dividend safety score | 58 (C) | 51 (C) |
| Fair value estimate | $59.30 | $34.79 |
| Upside to fair value | +101% | +60% |
| Frequency | quarterly | semiannual |
| Market cap | $39.7B | $255.7B |
| P/E ratio | 13.0 | 9.5 |
Higher yield
TOYOF
3.20%
Safer dividend
CCL
Grade C
Faster growth
TOYOF
8.4%
Better value
CCL
+101% upside
CCL vs TOYOF — FAQ
Is CCL or TOYOF a better dividend stock?
On the data, CCL wins more head-to-head categories (4 vs 3). TOYOF offers the higher yield (3.20%), while CCL has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, CCL or TOYOF?
TOYOF has the higher forward dividend yield at 3.20%, versus 1.44% for CCL.
Is CCL or TOYOF safer?
CCL has the higher dividend-safety score (58/100 vs 51/100), reflecting stronger payout coverage and dividend-growth history.
Is CCL or TOYOF better value right now?
As of Nov 5, 2026, CCL looks like the better value: its fair-value estimate is 101% above its share price (undervalued). For TOYOF, its fair-value estimate is 60% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.