DAN vs TOYOF: Which Is the Better Dividend Stock?
As of Oct 18, 2026, TOYOF (Toyota Motor Corporation) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. TOYOF offers the higher yield at 3.40%, DAN 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: DAN 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 1.66% for Dana Incorporated (DAN).
- As of Oct 18, 2026, SmarterDividends grades DAN's dividend safety A (83/100) and TOYOF's C (51/100).
- By SmarterDividends' count as of Oct 18, 2026, DAN has raised its dividend for 0 consecutive years and TOYOF for 3.
- As of Oct 18, 2026, DAN pays out 60% of its earnings as dividends and TOYOF pays out 27%.
- As of Oct 18, 2026, DAN's fair-value estimate is 15% 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, "DAN vs TOYOF: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/dan-vs-toyof
| Metric | DAN | TOYOF |
|---|---|---|
| Forward yield | 1.66% | 3.40% |
| Annual dividend | $0.48 | $0.63 |
| Payout ratio | 60% | 27% |
| Years of growth | 0 yr | 3 yr |
| 5-yr dividend growth | 0.0% | 8.4% |
| 5-yr total return | 35% | 4% |
| Dividend safety score | 83 (A) | 51 (C) |
| Fair value estimate | $24.56 | $35.27 |
| Upside to fair value | -15% | +90% |
| Frequency | quarterly | semiannual |
| Market cap | $3.1B | $219.1B |
| P/E ratio | — | 8.2 |
Higher yield
TOYOF
3.40%
Safer dividend
DAN
Grade A
Faster growth
TOYOF
8.4%
Better value
TOYOF
+90% upside
DAN vs TOYOF — FAQ
Is DAN or TOYOF a better dividend stock?
On the data, TOYOF wins more head-to-head categories (6 vs 2). TOYOF offers the higher yield (3.40%), while DAN has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, DAN or TOYOF?
TOYOF has the higher forward dividend yield at 3.40%, versus 1.66% for DAN.
Is DAN or TOYOF safer?
DAN has the higher dividend-safety score (83/100 vs 51/100), reflecting stronger payout coverage and dividend-growth history.
Is DAN 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 DAN, its fair-value estimate is 15% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.


