SHOE vs TOYOF: Which Is the Better Dividend Stock?
As of Oct 18, 2026, SHOE (Shoe Station Group Inc.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. SHOE offers the higher yield at 4.94%, SHOE 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: SHOE vs TOYOF
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Shoe Station Group Inc. (SHOE) has the higher forward dividend yield at 4.94%, versus 3.40% for Toyota Motor Corporation (TOYOF).
- As of Oct 18, 2026, SmarterDividends grades SHOE's dividend safety A (81/100) and TOYOF's C (51/100).
- By SmarterDividends' count as of Oct 18, 2026, SHOE has raised its dividend for 11 consecutive years and TOYOF for 3.
- As of Oct 18, 2026, SHOE pays out 73% of its earnings as dividends and TOYOF pays out 27%.
- As of Oct 18, 2026, SHOE's fair-value estimate is 31% 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, "SHOE vs TOYOF: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/shoe-vs-toyof
| Metric | SHOE | TOYOF |
|---|---|---|
| Forward yield | 4.94% | 3.40% |
| Annual dividend | $0.68 | $0.63 |
| Payout ratio | 73% | 27% |
| Years of growth | 11 yr | 3 yr |
| 5-yr dividend growth | 27.3% | 8.4% |
| 5-yr total return | -65% | 4% |
| Dividend safety score | 81 (A) | 51 (C) |
| Fair value estimate | $9.46 | $35.27 |
| Upside to fair value | -31% | +90% |
| Frequency | quarterly | semiannual |
| Market cap | $374.0M | $219.1B |
| P/E ratio | 15.6 | 8.2 |
Higher yield
SHOE
4.94%
Safer dividend
SHOE
Grade A
Faster growth
SHOE
27.3%
Better value
TOYOF
+90% upside
SHOE vs TOYOF — FAQ
Is SHOE or TOYOF a better dividend stock?
On the data, SHOE wins more head-to-head categories (5 vs 3). SHOE offers the higher yield (4.94%), while SHOE has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, SHOE or TOYOF?
SHOE has the higher forward dividend yield at 4.94%, versus 3.40% for TOYOF.
Is SHOE or TOYOF safer?
SHOE has the higher dividend-safety score (81/100 vs 51/100), reflecting stronger payout coverage and dividend-growth history.
Is SHOE 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 SHOE, its fair-value estimate is 31% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.

