SmarterDividends

TJX vs TOYOF: Which Is the Better Dividend Stock?

As of Oct 24, 2026, TJX (The TJX Companies, Inc.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. TOYOF offers the higher yield at 3.26%, TJX 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: TJX vs TOYOF

Data as of · Source: SmarterDividends data

  • As of Oct 24, 2026, Toyota Motor Corporation (TOYOF) has the higher forward dividend yield at 3.26%, versus 1.32% for The TJX Companies, Inc. (TJX).
  • As of Oct 24, 2026, SmarterDividends grades TJX's dividend safety A (83/100) and TOYOF's C (51/100).
  • By SmarterDividends' count as of Oct 24, 2026, TJX has raised its dividend for 29 consecutive years and TOYOF for 3.
  • As of Oct 24, 2026, TJX pays out 33% of its earnings as dividends and TOYOF pays out 27%.
  • As of Oct 24, 2026, TJX's fair-value estimate is 32% 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, "TJX vs TOYOF: Dividend Yield, Safety & Value Compared," updated Oct 24, 2026, https://smarterdividends.com/compare/tjx-vs-toyof

MetricTJXTOYOF
Forward yield1.32%3.26%
Annual dividend$1.92$0.63
Payout ratio33%27%
Years of growth29 yr3 yr
5-yr dividend growth12.4%8.4%
5-yr total return109%9%
Dividend safety score83 (A)51 (C)
Fair value estimate$98.26$35.29
Upside to fair value-32%+80%
Frequencyquarterlysemiannual
Market cap$160.2B$231.0B
P/E ratio26.98.6

Higher yield

TOYOF

3.26%

Safer dividend

TJX

Grade A

Faster growth

TJX

12.4%

Better value

TOYOF

+80% upside

TJX vs TOYOF — FAQ

Is TJX or TOYOF a better dividend stock?

On the data, TJX wins more head-to-head categories (5 vs 3). TOYOF offers the higher yield (3.26%), while TJX has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.

Which has a higher dividend yield, TJX or TOYOF?

TOYOF has the higher forward dividend yield at 3.26%, versus 1.32% for TJX.

Is TJX or TOYOF safer?

TJX has the higher dividend-safety score (83/100 vs 51/100), reflecting stronger payout coverage and dividend-growth history.

Is TJX or TOYOF better value right now?

As of Oct 24, 2026, TOYOF looks like the better value: its fair-value estimate is 80% above its share price (undervalued). For TJX, its fair-value estimate is 32% below its share price.

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