SmarterDividends

HOG vs TOYOF: Which Is the Better Dividend Stock?

As of Oct 18, 2026, HOG and TOYOF are closely matched. TOYOF offers the higher yield at 3.40%, HOG 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: HOG 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 2.80% for Harley-Davidson, Inc. (HOG).
  • As of Oct 18, 2026, SmarterDividends grades HOG's dividend safety B (66/100) and TOYOF's C (51/100).
  • By SmarterDividends' count as of Oct 18, 2026, HOG has raised its dividend for 5 consecutive years and TOYOF for 3.
  • As of Oct 18, 2026, HOG pays out 40% of its earnings as dividends and TOYOF pays out 27%.
  • As of Oct 18, 2026, HOG's fair-value estimate is 46% 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, "HOG vs TOYOF: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/hog-vs-toyof

MetricHOGTOYOF
Forward yield2.80%3.40%
Annual dividend$0.75$0.63
Payout ratio40%27%
Years of growth5 yr3 yr
5-yr dividend growth55.2%8.4%
5-yr total return-27%4%
Dividend safety score66 (B)51 (C)
Fair value estimate$38.98$35.27
Upside to fair value+46%+90%
Frequencyquarterlysemiannual
Market cap$2.8B$219.1B
P/E ratio14.78.2

Higher yield

TOYOF

3.40%

Safer dividend

HOG

Grade B

Faster growth

HOG

55.2%

Better value

TOYOF

+90% upside

HOG vs TOYOF — FAQ

Is HOG or TOYOF a better dividend stock?

HOG and TOYOF are closely matched. TOYOF has the higher yield; HOG scores better on safety.

Which has a higher dividend yield, HOG or TOYOF?

TOYOF has the higher forward dividend yield at 3.40%, versus 2.80% for HOG.

Is HOG or TOYOF safer?

HOG has the higher dividend-safety score (66/100 vs 51/100), reflecting stronger payout coverage and dividend-growth history.

Is HOG 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 HOG, its fair-value estimate is 46% above its share price.

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