IP vs TOYOF: Which Is the Better Dividend Stock?
As of Oct 27, 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 5.54%, IP has the higher dividend-safety score, and TOYOF looks like the better value (its fair-value estimate is 79% above its share price).
Key facts: IP vs TOYOF
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, International Paper Company (IP) has the higher forward dividend yield at 5.54%, versus 3.23% for Toyota Motor Corporation (TOYOF).
- As of Oct 27, 2026, SmarterDividends grades IP's dividend safety C (64/100) and TOYOF's C (51/100).
- By SmarterDividends' count as of Oct 27, 2026, IP has raised its dividend for 0 consecutive years and TOYOF for 3.
- As of Oct 27, 2026, IP pays out 402% of its earnings as dividends and TOYOF pays out 27%.
- As of Oct 27, 2026, IP's fair-value estimate is 10% above its share price and TOYOF's fair-value estimate is 79% above its share price, so TOYOF looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "IP vs TOYOF: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/ip-vs-toyof
| Metric | IP | TOYOF |
|---|---|---|
| Forward yield | 5.54% | 3.23% |
| Annual dividend | $1.85 | $0.64 |
| Payout ratio | 402% | 27% |
| Years of growth | 0 yr | 3 yr |
| 5-yr dividend growth | -1.0% | 8.4% |
| 5-yr total return | -27% | 9% |
| Dividend safety score | 64 (C) | 51 (C) |
| Fair value estimate | $36.66 | $35.29 |
| Upside to fair value | +10% | +79% |
| Frequency | quarterly | semiannual |
| Market cap | $17.7B | $232.6B |
| P/E ratio | — | 8.7 |
Higher yield
IP
5.54%
Safer dividend
IP
Grade C
Faster growth
TOYOF
8.4%
Better value
TOYOF
+79% upside
IP vs TOYOF — FAQ
Is IP or TOYOF a better dividend stock?
On the data, TOYOF wins more head-to-head categories (5 vs 3). IP offers the higher yield (5.54%), while IP has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, IP or TOYOF?
IP has the higher forward dividend yield at 5.54%, versus 3.23% for TOYOF.
Is IP or TOYOF safer?
IP has the higher dividend-safety score (64/100 vs 51/100), reflecting stronger payout coverage and dividend-growth history.
Is IP or TOYOF better value right now?
As of Oct 27, 2026, TOYOF looks like the better value: its fair-value estimate is 79% above its share price (undervalued). For IP, its fair-value estimate is 10% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.