LKQ vs TOYOF: Which Is the Better Dividend Stock?
As of Oct 27, 2026, LKQ (LKQ Corporation) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. LKQ offers the higher yield at 6.96%, LKQ has the higher dividend-safety score, and LKQ looks like the better value (its fair-value estimate is 128% above its share price).
Key facts: LKQ vs TOYOF
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, LKQ Corporation (LKQ) has the higher forward dividend yield at 6.96%, versus 3.23% for Toyota Motor Corporation (TOYOF).
- As of Oct 27, 2026, SmarterDividends grades LKQ's dividend safety B (68/100) and TOYOF's C (51/100).
- By SmarterDividends' count as of Oct 27, 2026, LKQ has raised its dividend for 0 consecutive years and TOYOF for 3.
- As of Oct 27, 2026, LKQ pays out 67% of its earnings as dividends and TOYOF pays out 27%.
- As of Oct 27, 2026, LKQ's fair-value estimate is 128% above its share price and TOYOF's fair-value estimate is 79% above its share price, so LKQ looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "LKQ vs TOYOF: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/lkq-vs-toyof
| Metric | LKQ | TOYOF |
|---|---|---|
| Forward yield | 6.96% | 3.23% |
| Annual dividend | $1.20 | $0.64 |
| Payout ratio | 67% | 27% |
| Years of growth | 0 yr | 3 yr |
| 5-yr dividend growth | — | 8.4% |
| 5-yr total return | -69% | 9% |
| Dividend safety score | 68 (B) | 51 (C) |
| Fair value estimate | $39.32 | $35.29 |
| Upside to fair value | +128% | +79% |
| Frequency | quarterly | semiannual |
| Market cap | $4.4B | $232.6B |
| P/E ratio | 9.7 | 8.7 |
Higher yield
LKQ
6.96%
Safer dividend
LKQ
Grade B
Faster growth
TOYOF
8.4%
Better value
LKQ
+128% upside
LKQ vs TOYOF — FAQ
Is LKQ or TOYOF a better dividend stock?
On the data, LKQ wins more head-to-head categories (4 vs 3). LKQ offers the higher yield (6.96%), while LKQ has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, LKQ or TOYOF?
LKQ has the higher forward dividend yield at 6.96%, versus 3.23% for TOYOF.
Is LKQ or TOYOF safer?
LKQ has the higher dividend-safety score (68/100 vs 51/100), reflecting stronger payout coverage and dividend-growth history.
Is LKQ or TOYOF better value right now?
As of Oct 27, 2026, LKQ looks like the better value: its fair-value estimate is 128% above its share price (undervalued). For TOYOF, its fair-value estimate is 79% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.