CYD vs TOYOF: Which Is the Better Dividend Stock?
As of Oct 18, 2026, CYD and TOYOF are closely matched. TOYOF offers the higher yield at 3.40%, CYD 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: CYD 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 3.34% for China Yuchai International Limited (CYD).
- As of Oct 18, 2026, SmarterDividends grades CYD's dividend safety C (61/100) and TOYOF's C (51/100).
- By SmarterDividends' count as of Oct 18, 2026, CYD has raised its dividend for 2 consecutive years and TOYOF for 3.
- As of Oct 18, 2026, CYD's fair-value estimate is 57% above 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, "CYD vs TOYOF: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/cyd-vs-toyof
| Metric | CYD | TOYOF |
|---|---|---|
| Forward yield | 3.34% | 3.40% |
| Annual dividend | $0.87 | $0.63 |
| Payout ratio | 0% | 27% |
| Years of growth | 2 yr | 3 yr |
| 5-yr dividend growth | -9.0% | 8.4% |
| 5-yr total return | 120% | 4% |
| Dividend safety score | 61 (C) | 51 (C) |
| Fair value estimate | $40.92 | $35.27 |
| Upside to fair value | +57% | +90% |
| Frequency | annual | semiannual |
| Market cap | $976.2M | $219.1B |
| P/E ratio | 9.4 | 8.2 |
Higher yield
TOYOF
3.40%
Safer dividend
CYD
Grade C
Faster growth
TOYOF
8.4%
Better value
TOYOF
+90% upside
CYD vs TOYOF — FAQ
Is CYD or TOYOF a better dividend stock?
CYD and TOYOF are closely matched. TOYOF has the higher yield; CYD scores better on safety.
Which has a higher dividend yield, CYD or TOYOF?
TOYOF has the higher forward dividend yield at 3.40%, versus 3.34% for CYD.
Is CYD or TOYOF safer?
CYD has the higher dividend-safety score (61/100 vs 51/100), reflecting stronger payout coverage and dividend-growth history.
Is CYD 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 CYD, its fair-value estimate is 57% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.


