SmarterDividends

IP vs TOYOF: Which Is the Better Dividend Stock?

As of September 2026, TOYOF (Toyota Motor Corporation) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. IP offers the higher yield at 5.40%, IP has the higher dividend-safety score, and TOYOF trades at the larger discount to fair value (+95%).

MetricIPTOYOF
Forward yield5.40%3.32%
Annual dividend$1.85$0.64
Payout ratio158%27%
Years of growth0 yr3 yr
5-yr dividend growth-1.0%8.4%
5-yr total return-35%9%
Dividend safety score64 (C)54 (C)
Fair value estimate$42.19$38.72
Upside to fair value+23%+95%
Frequencyquarterlysemiannual
Market cap$18.2B$234.6B
P/E ratio8.4

Higher yield

IP

5.40%

Safer dividend

IP

Grade C

Faster growth

TOYOF

8.4%

Better value

TOYOF

+95% upside

IP vs TOYOF — FAQ

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