MNRO 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. MNRO offers the higher yield at 8.34%, MNRO 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: MNRO vs TOYOF
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, Monro, Inc. (MNRO) has the higher forward dividend yield at 8.34%, versus 3.23% for Toyota Motor Corporation (TOYOF).
- As of Oct 27, 2026, SmarterDividends grades MNRO's dividend safety B (74/100) and TOYOF's C (51/100).
- By SmarterDividends' count as of Oct 27, 2026, MNRO has raised its dividend for 0 consecutive years and TOYOF for 3.
- As of Oct 27, 2026, MNRO's fair-value estimate is 12% 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, "MNRO vs TOYOF: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/mnro-vs-toyof
| Metric | MNRO | TOYOF |
|---|---|---|
| Forward yield | 8.34% | 3.23% |
| Annual dividend | $1.12 | $0.64 |
| Payout ratio | 509% | 27% |
| Years of growth | 0 yr | 3 yr |
| 5-yr dividend growth | 4.9% | 8.4% |
| 5-yr total return | -76% | 9% |
| Dividend safety score | 74 (B) | 51 (C) |
| Fair value estimate | $14.96 | $35.29 |
| Upside to fair value | +12% | +79% |
| Frequency | quarterly | semiannual |
| Market cap | $419.0M | $232.6B |
| P/E ratio | 61.0 | 8.7 |
Higher yield
MNRO
8.34%
Safer dividend
MNRO
Grade B
Faster growth
TOYOF
8.4%
Better value
TOYOF
+79% upside
MNRO vs TOYOF — FAQ
Is MNRO or TOYOF a better dividend stock?
On the data, TOYOF wins more head-to-head categories (5 vs 3). MNRO offers the higher yield (8.34%), while MNRO has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, MNRO or TOYOF?
MNRO has the higher forward dividend yield at 8.34%, versus 3.23% for TOYOF.
Is MNRO or TOYOF safer?
MNRO has the higher dividend-safety score (74/100 vs 51/100), reflecting stronger payout coverage and dividend-growth history.
Is MNRO 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 MNRO, its fair-value estimate is 12% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.