MCD vs TOYOF: Which Is the Better Dividend Stock?
As of Oct 3, 2026, TOYOF (Toyota Motor Corporation) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. TOYOF offers the higher yield at 3.40%, MCD has the higher dividend-safety score, and TOYOF looks like the better value (its fair-value estimate is 96% above its share price).
Key facts: MCD vs TOYOF
Data as of · Source: SmarterDividends data
- As of Oct 3, 2026, Toyota Motor Corporation (TOYOF) has the higher forward dividend yield at 3.40%, versus 3.33% for McDonald's Corporation (MCD).
- As of Oct 3, 2026, SmarterDividends grades MCD's dividend safety A (86/100) and TOYOF's C (51/100).
- By SmarterDividends' count as of Oct 3, 2026, MCD has raised its dividend for 17 consecutive years and TOYOF for 3.
- As of Oct 3, 2026, MCD pays out 60% of its earnings as dividends and TOYOF pays out 27%.
- As of Oct 3, 2026, MCD's fair-value estimate is 25% below its share price and TOYOF's fair-value estimate is 96% above its share price, so TOYOF looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "MCD vs TOYOF: Dividend Yield, Safety & Value Compared," updated Oct 3, 2026, https://smarterdividends.com/compare/mcd-vs-toyof
| Metric | MCD | TOYOF |
|---|---|---|
| Forward yield | 3.33% | 3.40% |
| Annual dividend | $7.72 | $0.64 |
| Payout ratio | 60% | 27% |
| Years of growth | 17 yr | 3 yr |
| 5-yr dividend growth | 7.3% | 8.4% |
| 5-yr total return | -6% | 2% |
| Dividend safety score | 86 (A) | 51 (C) |
| Fair value estimate | $173.38 | $35.90 |
| Upside to fair value | -25% | +96% |
| Frequency | quarterly | semiannual |
| Market cap | $164.1B | $216.9B |
| P/E ratio | 18.8 | 8.4 |
Higher yield
TOYOF
3.40%
Safer dividend
MCD
Grade A
Faster growth
TOYOF
8.4%
Better value
TOYOF
+96% upside
MCD vs TOYOF — FAQ
Is MCD or TOYOF a better dividend stock?
On the data, TOYOF wins more head-to-head categories (5 vs 3). TOYOF offers the higher yield (3.40%), while MCD has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, MCD or TOYOF?
TOYOF has the higher forward dividend yield at 3.40%, versus 3.33% for MCD.
Is MCD or TOYOF safer?
MCD has the higher dividend-safety score (86/100 vs 51/100), reflecting stronger payout coverage and dividend-growth history.
Is MCD or TOYOF better value right now?
As of Oct 3, 2026, TOYOF looks like the better value: its fair-value estimate is 96% above its share price (undervalued). For MCD, its fair-value estimate is 25% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.