ASBRF vs PM: Which Is the Better Dividend Stock?
As of Nov 6, 2026, PM (Philip Morris International Inc.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. ASBRF offers the higher yield at 3.27%, PM has the higher dividend-safety score, and ASBRF looks like the better value (its fair-value estimate is 23% above its share price).
Key facts: ASBRF vs PM
Data as of · Source: SmarterDividends data
- As of Nov 6, 2026, Asahi Group Holdings, Ltd. (ASBRF) has the higher forward dividend yield at 3.27%, versus 3.18% for Philip Morris International Inc. (PM).
- As of Nov 6, 2026, SmarterDividends grades ASBRF's dividend safety C (58/100) and PM's B (73/100).
- By SmarterDividends' count as of Nov 6, 2026, ASBRF has raised its dividend for 2 consecutive years and PM for 13.
- As of Nov 6, 2026, ASBRF pays out 47% of its earnings as dividends and PM pays out 88%.
- As of Nov 6, 2026, ASBRF's fair-value estimate is 23% above its share price and PM's fair-value estimate is 22% below its share price, so ASBRF looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "ASBRF vs PM: Dividend Yield, Safety & Value Compared," updated Nov 6, 2026, https://smarterdividends.com/compare/asbrf-vs-pm
| Metric | ASBRF | PM |
|---|---|---|
| Forward yield | 3.27% | 3.18% |
| Annual dividend | $0.33 | $6.40 |
| Payout ratio | 47% | 88% |
| Years of growth | 2 yr | 13 yr |
| 5-yr dividend growth | 0.7% | 3.5% |
| 5-yr total return | -19% | 143% |
| Dividend safety score | 58 (C) | 73 (B) |
| Fair value estimate | $12.30 | $156.61 |
| Upside to fair value | +23% | -22% |
| Frequency | semiannual | quarterly |
| Market cap | $14.6B | $314.1B |
| P/E ratio | 14.1 | 29.4 |
Higher yield
ASBRF
3.27%
Safer dividend
PM
Grade B
Faster growth
PM
3.5%
Better value
ASBRF
+23% upside
ASBRF vs PM — FAQ
Is ASBRF or PM a better dividend stock?
On the data, PM wins more head-to-head categories (5 vs 3). ASBRF offers the higher yield (3.27%), 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, ASBRF or PM?
ASBRF has the higher forward dividend yield at 3.27%, versus 3.18% for PM.
Is ASBRF or PM safer?
PM has the higher dividend-safety score (73/100 vs 58/100), reflecting stronger payout coverage and dividend-growth history.
Is ASBRF or PM better value right now?
As of Nov 6, 2026, ASBRF looks like the better value: its fair-value estimate is 23% above its share price (undervalued). 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.