ASBHY vs PM: Which Is the Better Dividend Stock?
As of Nov 6, 2026, ASBHY (Asahi Group Holdings, Ltd.) screens as the stronger dividend stock, winning 3 of 5 head-to-head metrics. ASBHY offers the higher yield at 3.24%, PM has the higher dividend-safety score, and ASBHY looks like the better value (its fair-value estimate is 16% below its share price).
Key facts: ASBHY vs PM
Data as of · Source: SmarterDividends data
- As of Nov 6, 2026, Asahi Group Holdings, Ltd. (ASBHY) has the higher forward dividend yield at 3.24%, versus 3.18% for Philip Morris International Inc. (PM).
- By SmarterDividends' count as of Nov 6, 2026, ASBHY has raised its dividend for 0 consecutive years and PM for 13.
- As of Nov 6, 2026, ASBHY pays out 23% of its earnings as dividends and PM pays out 88%.
- As of Nov 6, 2026, ASBHY's fair-value estimate is 16% below its share price and PM's fair-value estimate is 22% below its share price, so ASBHY looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "ASBHY vs PM: Dividend Yield, Safety & Value Compared," updated Nov 6, 2026, https://smarterdividends.com/compare/asbhy-vs-pm
| Metric | ASBHY | PM |
|---|---|---|
| Forward yield | 3.24% | 3.18% |
| Annual dividend | $0.32 | $6.40 |
| Payout ratio | 23% | 88% |
| Years of growth | 0 yr | 13 yr |
| 5-yr dividend growth | — | 3.5% |
| 5-yr total return | — | 143% |
| Dividend safety score | — | 73 (B) |
| Fair value estimate | $8.43 | $156.61 |
| Upside to fair value | -16% | -22% |
| Frequency | annual | quarterly |
| Market cap | $14.6B | $314.1B |
| P/E ratio | 14.1 | 29.4 |
Higher yield
ASBHY
3.24%
Safer dividend
PM
Grade B
Faster growth
PM
3.5%
Better value
ASBHY
-16% upside
ASBHY vs PM — FAQ
Is ASBHY or PM a better dividend stock?
On the data, ASBHY wins more head-to-head categories (3 vs 2). ASBHY offers the higher yield (3.24%), 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, ASBHY or PM?
ASBHY has the higher forward dividend yield at 3.24%, versus 3.18% for PM.
Is ASBHY or PM safer?
Compare each stock's payout ratio, growth streak and cut history on its detail page to judge safety.
Is ASBHY or PM better value right now?
As of Nov 6, 2026, ASBHY looks like the better value: its fair-value estimate is 16% below its share price (overvalued). For PM, its fair-value estimate is 22% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.