RACE vs TM: Which Is the Better Dividend Stock?
As of September 2026, TM (Toyota Motor Corporation) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. TM offers the higher yield at 3.27%, RACE has the higher dividend-safety score, and TM trades at the larger discount to fair value (+93%).
| Metric | RACE | TM |
|---|---|---|
| Forward yield | 1.04% | 3.27% |
| Annual dividend | $4.23 | $6.27 |
| Payout ratio | 39% | 26% |
| Years of growth | 4 yr | 3 yr |
| 5-yr dividend growth | 22.8% | 10.3% |
| 5-yr total return | 71% | 8% |
| Dividend safety score | 57 (C) | 57 (C) |
| Fair value estimate | $235.25 | $368.92 |
| Upside to fair value | -42% | +93% |
| Frequency | annual | semiannual |
| Market cap | $71.4B | $226.8B |
| P/E ratio | 38.2 | 8.5 |
Higher yield
TM
3.27%
Safer dividend
RACE
Grade C
Faster growth
RACE
22.8%
Better value
TM
+93% upside
RACE vs TM — FAQ
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