AGRO vs PM: Which Is the Better Dividend Stock?
As of Nov 5, 2026, PM (Philip Morris International Inc.) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. AGRO offers the higher yield at 3.21%, PM has the higher dividend-safety score, and AGRO looks like the better value (its fair-value estimate is 9% below its share price).
Key facts: AGRO vs PM
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, Adecoagro S.A. (AGRO) has the higher forward dividend yield at 3.21%, versus 3.03% for Philip Morris International Inc. (PM).
- As of Nov 5, 2026, SmarterDividends grades AGRO's dividend safety B (66/100) and PM's B (73/100).
- By SmarterDividends' count as of Nov 5, 2026, AGRO has raised its dividend for 3 consecutive years and PM for 13.
- As of Nov 5, 2026, AGRO pays out 75% of its earnings as dividends and PM pays out 88%.
- As of Nov 5, 2026, AGRO's fair-value estimate is 9% below its share price and PM's fair-value estimate is 26% below its share price, so AGRO looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "AGRO vs PM: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/agro-vs-pm
| Metric | AGRO | PM |
|---|---|---|
| Forward yield | 3.21% | 3.03% |
| Annual dividend | $0.30 | $6.40 |
| Payout ratio | 75% | 88% |
| Years of growth | 3 yr | 13 yr |
| 5-yr dividend growth | — | 3.5% |
| 5-yr total return | 24% | 143% |
| Dividend safety score | 66 (B) | 73 (B) |
| Fair value estimate | $8.38 | $156.61 |
| Upside to fair value | -9% | -26% |
| Frequency | semiannual | quarterly |
| Market cap | $1.3B | $329.3B |
| P/E ratio | 23.7 | 30.8 |
Higher yield
AGRO
3.21%
Safer dividend
PM
Grade B
Faster growth
PM
3.5%
Better value
AGRO
-9% upside
AGRO vs PM — FAQ
Is AGRO or PM a better dividend stock?
On the data, PM wins more head-to-head categories (4 vs 3). AGRO offers the higher yield (3.21%), while PM has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, AGRO or PM?
AGRO has the higher forward dividend yield at 3.21%, versus 3.03% for PM.
Is AGRO or PM safer?
PM has the higher dividend-safety score (73/100 vs 66/100), reflecting stronger payout coverage and dividend-growth history.
Is AGRO or PM better value right now?
As of Nov 5, 2026, AGRO looks like the better value: its fair-value estimate is 9% below its share price (fairly valued). For PM, its fair-value estimate is 26% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.