Toyota Motor Corporation (TM) Dividend History
Income profile from 1984 to 2025 with payout safety and yield-on-cost trend
3-Second Income Check
Safety
23.8% payout ratio with sustainable safety profile.
Consistency
4 straight years of dividend increases.
Income Trend
Yield on cost is 3.7% and trend is rising.
Dividend Scorecard
Yield & Income
Payout Safety
Growth
Total Returns
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
Income Growth Story
Dividend per share and yield on cost over time (42 years of payments)
Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
Toyota Motor Corporation distributes 23.8% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 766.2%, rated "Stretched".
Piotroski F-Score: 5/9 — moderate financial health.
Growth Track Record
TM has raised its dividend for 4 consecutive years, with a 3-year CAGR of 12.4% and 5-year CAGR of 5.8%.
Total Shareholder Returns
Beyond cash dividends, TM returns capital through share repurchases. The combined picture: 2.3% dividend yield, 2.4% buyback yield, 4.7% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 3.7% and is currently rising. The 5-year total return is 78.0%, with dividends contributing 15.7% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $27,440 today.
Recent Dividend Payments
Last 20 payments · Semi-Annual
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Sep 30, 2025Latest | $2.5505 | ↓ -17.2% | 2.95% | Dec 8, 2025 |
| Mar 31, 2025 | $3.0800 | ↑ +32.8% | 3.06% | Jun 5, 2025 |
| Sep 30, 2024 | $2.3200 | ↓ -9.0% | 2.73% | Dec 6, 2024 |
| Mar 27, 2024 | $2.5495 | ↑ +27.3% | 1.81% | Jun 3, 2024 |
| Sep 28, 2023 | $2.0025 | ↓ -19.8% | 2.47% | Dec 4, 2023 |
| Mar 30, 2023 | $2.4959 | ↑ +41.6% | 3.05% | Jun 6, 2023 |
| Sep 29, 2022 | $1.7621 | ↓ -20.0% | 2.96% | Dec 7, 2022 |
| Mar 30, 2022 | $2.2027 | ↑ +5.0% | 2.38% | Jun 6, 2022 |
Dividend Peer Comparison
Peer group: Global mass-market automakers
Annual Dividend History
42 years of dividend data
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2025 | $5.63 | 15.6% | 2 | $3595.60 | 0.2% | 638.59x | 3.7% |
| 2024 | $4.87 | 8.2% | 2 | $3659.40 | 0.1% | 751.50x | 3.2% |
| 2023 | $4.50 | 13.5% | 2 | $1794.70 | 0.3% | 398.96x | 2.9% |
| 2022 | $3.96 | -12.8% | 2 | $2052.30 | 0.2% | 517.63x | 2.6% |
| 2021 | $4.55 | 7.3% | 2 | $1589.30 | 0.3% | 349.47x | 3.0% |
| 2020 | $4.24 | 5.5% | 2 | $1440.20 | 0.3% | 339.66x | 2.8% |
| 2019 | $4.02 | 1.8% | 2 | $1290.20 | 0.3% | 321.13x | 2.6% |
| 2018 | $3.95 | 4.9% | 2 | $1665.60 | 0.2% | 421.96x | 2.6% |
| 2017 | $3.76 | -0.6% | 2 | $1198.40 | 0.3% | 318.39x | 2.5% |
| 2016 | $3.79 | 4.0% | 2 | $1470.70 | 0.3% | 388.40x | 2.5% |
See TM's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs TM Undervalued?
See our Bear / Base / Bull DCF models and intrinsic value estimates.
View ValuationCompare TM vs BABA
See how TM stacks up against sector leader Alibaba Group Holding Limited.
Start ComparisonFrequently Asked Questions
How much dividend does TM pay per share?
Toyota Motor Corporation (TM) pays a trailing 12-month dividend of $863.50 per share, with a current dividend yield of +2.3%. Payments are made Semi-Annual.
When is TM's next ex-dividend date?
TM's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. TM typically pays dividends Semi-Annual.
Is TM's dividend safe?
TM's dividend safety is rated "Sustainable" based on an earnings payout ratio of +23.8% and FCF payout ratio of +766.2%. The 4-year growth streak provides moderate confidence.
Is TM a Dividend Payer?
Yes, Toyota Motor Corporation is classified as a Dividend Payer with 4 consecutive years of dividend increases. The 5-year dividend CAGR is +5.8%, demonstrating above-inflation dividend growth.
How often does TM pay dividends?
Toyota Motor Corporation pays dividends Semi-Annual. The trailing 12-month total is $863.50 per share. Dividend data on this page covers 41+ years from 1984 to 2025.
How much would $10,000 invested in TM grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in TM five years ago would be worth approximately $17,804 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is TM's yield on cost for long-term holders?
TM's yield on cost — the current dividend divided by the original purchase price — is +3.7% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +2.3% market yield, thanks to consistent dividend growth.