SmarterDividends
TOYOF

Toyota Motor Corporation

TOYOF

Consumer Cyclical · Auto Manufacturers · Stock · semiannual payer

$18.60

Undervalued · +90% Add to Portfolio

Forward Yield

3.40%

Annual Dividend

$0.63

Payout Ratio

27%

5-Yr Growth

8.4%

Ex-Date

Mar 30, 2027

Frequency

Semiannual

Key facts about TOYOF's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 19, 2026, Toyota Motor Corporation (TOYOF) has a forward dividend yield of 3.40%, based on an annual dividend of $0.63 per share and a share price of $18.60.
  • As of Oct 19, 2026, TOYOF's dividend safety grade from SmarterDividends is C (51 out of 100), which rates the dividend as borderline.
  • By SmarterDividends' count, Toyota Motor Corporation (TOYOF) has raised its dividend for 3 consecutive years as of Oct 19, 2026.
  • TOYOF last cut its regular dividend in 2022.
  • TOYOF's next ex-dividend date is Mar 30, 2027, with payment on Apr 13, 2027. Shares must be owned before that date to receive the dividend.
  • As of Oct 19, 2026, TOYOF pays out 27% of its trailing 12-month earnings as dividends (its payout ratio).
  • TOYOF's dividend has grown at an average rate of 8.4% a year over the past five years.
  • As of Oct 19, 2026, TOYOF's 3.40% yield is 38% above its five-year average yield of 2.46%.
  • As of Oct 19, 2026, SmarterDividends' blended fair-value estimate for TOYOF is $35.27 per share, 90% above the $18.60 share price, so TOYOF screens as undervalued.
  • Toyota Motor Corporation (TOYOF) pays its dividend semiannual, 2 times a year.
Cite this page

SmarterDividends, "TOYOF Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 19, 2026, https://smarterdividends.com/stocks/TOYOF

Summary

As of Oct 19, 2026, Toyota Motor Corporation (TOYOF) yields 3.40% ($0.63 a year per share), has a dividend safety grade of C (51/100) and has 3 consecutive years of dividend increases on record.

Is TOYOF a good dividend stock?

Mixed

Toyota Motor Corporation (TOYOF) pays a semiannual dividend yielding 3.40% ($0.63/yr), with 3 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

  • Comfortable payout ratio (27%)
  • Strong 8.4% 5-yr dividend growth

Risks

  • Cut its dividend in 2022

Key Data

Dividend Yield
3.40%
Payout Ratio
27%
Annual Dividend
$0.63
5-Yr Avg Growth
8.4%
Ex-Dividend Date
Mar 30, 2027
Years of Growth
3
Frequency
semiannual
Beta
0.38
Market Cap
$219.1B
P/E Ratio
8.2
5-Yr Total Return
4%
52-Week Range
$16.00 – $25.00
Dividend Safety
C · 51/100
Ever Cut?
Yes (2022)

TOYOF dividend changes

Toyota Motor Corporation (TOYOF) pays a variable dividend: across the 16 payments on record since 2019, 11 were higher than the one before and 3 lower. The latest change was up 5.6% to $0.318 per share, going ex-dividend on Sep 29, 2026.

Ex-dateChangeOld → newMove
Sep 29, 2026Higher$0.301 → $0.318+5.6%
Mar 30, 2026Lower$0.331 → $0.312−5.7%
Sep 29, 2025Higher$0.276 → $0.301+9.1%
Mar 28, 2025Higher$0.298 → $0.331+11.1%
Sep 27, 2024Higher$0.201 → $0.276+37.3%
Mar 28, 2024Higher$0.264 → $0.298+12.9%
Sep 28, 2023Higher$0.173 → $0.201+16.2%
Mar 30, 2023Higher$0.228 → $0.264+15.8%
Sep 29, 2022Lower$0.215 → $0.173−19.5%
Mar 30, 2022Lower$0.246 → $0.228−7.2%
Sep 29, 2021Higher$0.199 → $0.215+8.0%
Mar 30, 2021Higher$0.222 → $0.246+10.5%
Every TOYOF payment →Download every raise and cut (CSV)
TOYOF ex-dividend date & scheduleNext ex-date Mar 30, 2027 · full ex-dividend historyView →TOYOF dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is TOYOF a good dividend stock?

Mixed. Toyota Motor Corporation (TOYOF) pays a semiannual dividend yielding 3.40% ($0.63/yr), with 3 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Is TOYOF undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, TOYOF's fair value is about $35.27 versus a $18.60 share price — so it looks undervalued (+90% vs. fair value).

Is TOYOF's dividend safe?

TOYOF has a dividend-safety grade of C (51/100), based on its payout coverage, free-cash-flow, 3-year growth streak, a dividend cut in 2022, debt and yield-versus-history.

What is TOYOF's fair value?

Our blended fair-value estimate for TOYOF is about $35.27 per share, roughly 90% above the current $18.60 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is TOYOF a buy, hold, or sell?

We don't issue formal ratings, but on the data TOYOF screens as "mixed" and undervalued. Toyota Motor Corporation (TOYOF) pays a semiannual dividend yielding 3.40% ($0.63/yr), with 3 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal. This is research for your own analysis, not investment advice.

Will TOYOF cut its dividend?

TOYOF earns a dividend-safety grade of C (51/100), and has cut its dividend before (last in 2022). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does TOYOF pay a dividend?

Yes. Toyota Motor Corporation pays a semiannual dividend of about $0.63 per share annually, a forward yield of roughly 3.40%.

What is TOYOF's dividend yield?

As of Oct 19, 2026, TOYOF's forward dividend yield is 3.40%, based on a $0.63 annual dividend and a $18.60 share price.

What is TOYOF's dividend per share?

As of Oct 19, 2026, TOYOF pays $0.63 per share per year, distributed on a semiannual basis.

What is TOYOF's dividend payout ratio?

As of Oct 19, 2026, TOYOF's payout ratio is 27% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has TOYOF grown its dividend?

As of Oct 19, 2026, TOYOF has increased its dividend for 3 consecutive years.

When is the next TOYOF ex-dividend date?

As of Oct 19, 2026, the next ex-dividend date on record for TOYOF is Mar 30, 2027.

Income Calculator

At $0.63 / yr per share

Per payment (semiannual)$31.50
Annual$63.00
Monthly avg$5.25

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