PATK vs TOYOF: Which Is the Better Dividend Stock?
As of Oct 18, 2026, PATK (Patrick Industries, Inc.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. TOYOF offers the higher yield at 3.40%, PATK has the higher dividend-safety score, and TOYOF looks like the better value (its fair-value estimate is 90% above its share price).
Key facts: PATK vs TOYOF
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Toyota Motor Corporation (TOYOF) has the higher forward dividend yield at 3.40%, versus 2.76% for Patrick Industries, Inc. (PATK).
- As of Oct 18, 2026, SmarterDividends grades PATK's dividend safety A (82/100) and TOYOF's C (51/100).
- By SmarterDividends' count as of Oct 18, 2026, PATK has raised its dividend for 7 consecutive years and TOYOF for 3.
- As of Oct 18, 2026, PATK pays out 43% of its earnings as dividends and TOYOF pays out 27%.
- As of Oct 18, 2026, PATK's fair-value estimate is 43% below its share price and TOYOF's fair-value estimate is 90% above its share price, so TOYOF looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "PATK vs TOYOF: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/patk-vs-toyof
| Metric | PATK | TOYOF |
|---|---|---|
| Forward yield | 2.76% | 3.40% |
| Annual dividend | $1.88 | $0.63 |
| Payout ratio | 43% | 27% |
| Years of growth | 7 yr | 3 yr |
| 5-yr dividend growth | 19.5% | 8.4% |
| 5-yr total return | 28% | 4% |
| Dividend safety score | 82 (A) | 51 (C) |
| Fair value estimate | $38.74 | $35.27 |
| Upside to fair value | -43% | +90% |
| Frequency | quarterly | semiannual |
| Market cap | $2.2B | $219.1B |
| P/E ratio | 16.2 | 8.2 |
Higher yield
TOYOF
3.40%
Safer dividend
PATK
Grade A
Faster growth
PATK
19.5%
Better value
TOYOF
+90% upside
PATK vs TOYOF — FAQ
Is PATK or TOYOF a better dividend stock?
On the data, PATK wins more head-to-head categories (5 vs 3). TOYOF offers the higher yield (3.40%), while PATK has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, PATK or TOYOF?
TOYOF has the higher forward dividend yield at 3.40%, versus 2.76% for PATK.
Is PATK or TOYOF safer?
PATK has the higher dividend-safety score (82/100 vs 51/100), reflecting stronger payout coverage and dividend-growth history.
Is PATK or TOYOF better value right now?
As of Oct 18, 2026, TOYOF looks like the better value: its fair-value estimate is 90% above its share price (undervalued). For PATK, its fair-value estimate is 43% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.