SmarterDividends

PII vs TOYOF: Which Is the Better Dividend Stock?

As of Oct 27, 2026, PII and TOYOF are closely matched. PII offers the higher yield at 4.93%, PII 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: PII vs TOYOF

Data as of · Source: SmarterDividends data

  • As of Oct 27, 2026, Polaris Inc. (PII) has the higher forward dividend yield at 4.93%, versus 3.23% for Toyota Motor Corporation (TOYOF).
  • As of Oct 27, 2026, SmarterDividends grades PII's dividend safety A (80/100) and TOYOF's C (51/100).
  • By SmarterDividends' count as of Oct 27, 2026, PII has raised its dividend for 30 consecutive years and TOYOF for 3.
  • As of Oct 27, 2026, PII pays out 368% of its earnings as dividends and TOYOF pays out 27%.
  • As of Oct 27, 2026, PII's fair-value estimate is 13% 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, "PII vs TOYOF: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/pii-vs-toyof

MetricPIITOYOF
Forward yield4.93%3.23%
Annual dividend$2.72$0.64
Payout ratio368%27%
Years of growth30 yr3 yr
5-yr dividend growth1.6%8.4%
5-yr total return-51%9%
Dividend safety score80 (A)51 (C)
Fair value estimate$62.09$35.29
Upside to fair value+13%+79%
Frequencyquarterlysemiannual
Market cap$3.1B$232.6B
P/E ratio—8.7

Higher yield

PII

4.93%

Safer dividend

PII

Grade A

Faster growth

TOYOF

8.4%

Better value

TOYOF

+79% upside

PII vs TOYOF — FAQ

Is PII or TOYOF a better dividend stock?

PII and TOYOF are closely matched. PII has the higher yield; PII scores better on safety.

Which has a higher dividend yield, PII or TOYOF?

PII has the higher forward dividend yield at 4.93%, versus 3.23% for TOYOF.

Is PII or TOYOF safer?

PII has the higher dividend-safety score (80/100 vs 51/100), reflecting stronger payout coverage and dividend-growth history.

Is PII 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 PII, its fair-value estimate is 13% above its share price.

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.