PKG vs TOYOF: Which Is the Better Dividend Stock?
As of Oct 25, 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 3.26%, PKG has the higher dividend-safety score, and TOYOF looks like the better value (its fair-value estimate is 80% above its share price).
Key facts: PKG vs TOYOF
Data as of · Source: SmarterDividends data
- As of Oct 25, 2026, Toyota Motor Corporation (TOYOF) has the higher forward dividend yield at 3.26%, versus 2.43% for Packaging Corporation of America (PKG).
- As of Oct 25, 2026, SmarterDividends grades PKG's dividend safety B (78/100) and TOYOF's C (51/100).
- By SmarterDividends' count as of Oct 25, 2026, PKG has raised its dividend for 0 consecutive years and TOYOF for 3.
- As of Oct 25, 2026, PKG pays out 68% of its earnings as dividends and TOYOF pays out 27%.
- As of Oct 25, 2026, PKG's fair-value estimate is 23% below its share price and TOYOF's fair-value estimate is 80% above its share price, so TOYOF looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "PKG vs TOYOF: Dividend Yield, Safety & Value Compared," updated Oct 25, 2026, https://smarterdividends.com/compare/pkg-vs-toyof
| Metric | PKG | TOYOF |
|---|---|---|
| Forward yield | 2.43% | 3.26% |
| Annual dividend | $6.00 | $0.63 |
| Payout ratio | 68% | 27% |
| Years of growth | 0 yr | 3 yr |
| 5-yr dividend growth | 8.2% | 8.4% |
| 5-yr total return | 89% | 9% |
| Dividend safety score | 78 (B) | 51 (C) |
| Fair value estimate | $191.14 | $35.29 |
| Upside to fair value | -23% | +80% |
| Frequency | quarterly | semiannual |
| Market cap | $22.0B | $231.0B |
| P/E ratio | 30.5 | 8.6 |
Higher yield
TOYOF
3.26%
Safer dividend
PKG
Grade B
Faster growth
TOYOF
8.4%
Better value
TOYOF
+80% upside
PKG vs TOYOF — FAQ
Is PKG or TOYOF a better dividend stock?
On the data, TOYOF wins more head-to-head categories (5 vs 3). TOYOF offers the higher yield (3.26%), while PKG has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, PKG or TOYOF?
TOYOF has the higher forward dividend yield at 3.26%, versus 2.43% for PKG.
Is PKG or TOYOF safer?
PKG has the higher dividend-safety score (78/100 vs 51/100), reflecting stronger payout coverage and dividend-growth history.
Is PKG or TOYOF better value right now?
As of Oct 25, 2026, TOYOF looks like the better value: its fair-value estimate is 80% above its share price (undervalued). For PKG, its fair-value estimate is 23% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.