BF-A vs PM: Which Is the Better Dividend Stock?
As of Oct 28, 2026, BF-A (Brown-Forman Corporation) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. PM offers the higher yield at 3.16%, BF-A has the higher dividend-safety score, and BF-A looks like the better value (its fair-value estimate is 19% above its share price).
Key facts: BF-A vs PM
Data as of · Source: SmarterDividends data
- As of Oct 28, 2026, Philip Morris International Inc. (PM) has the higher forward dividend yield at 3.16%, versus 3.10% for Brown-Forman Corporation (BF-A).
- As of Oct 28, 2026, SmarterDividends grades BF-A's dividend safety A (92/100) and PM's B (77/100).
- By SmarterDividends' count as of Oct 28, 2026, BF-A has raised its dividend for 38 consecutive years and PM for 13.
- As of Oct 28, 2026, BF-A pays out 59% of its earnings as dividends and PM pays out 84%.
- As of Oct 28, 2026, BF-A's fair-value estimate is 19% above its share price and PM's fair-value estimate is 21% below its share price, so BF-A looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "BF-A vs PM: Dividend Yield, Safety & Value Compared," updated Oct 28, 2026, https://smarterdividends.com/compare/bf-a-vs-pm
| Metric | BF-A | PM |
|---|---|---|
| Forward yield | 3.10% | 3.16% |
| Annual dividend | $0.92 | $6.40 |
| Payout ratio | 59% | 84% |
| Years of growth | 38 yr | 13 yr |
| 5-yr dividend growth | 5.4% | 3.5% |
| 5-yr total return | -54% | 132% |
| Dividend safety score | 92 (A) | 77 (B) |
| Fair value estimate | $34.65 | $159.37 |
| Upside to fair value | +19% | -21% |
| Frequency | quarterly | quarterly |
| Market cap | $13.4B | $315.8B |
| P/E ratio | 18.8 | 29.6 |
Higher yield
PM
3.16%
Safer dividend
BF-A
Grade A
Faster growth
BF-A
5.4%
Better value
BF-A
+19% upside
BF-A vs PM — FAQ
Is BF-A or PM a better dividend stock?
On the data, BF-A wins more head-to-head categories (5 vs 3). PM offers the higher yield (3.16%), while BF-A has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, BF-A or PM?
PM has the higher forward dividend yield at 3.16%, versus 3.10% for BF-A.
Is BF-A or PM safer?
BF-A has the higher dividend-safety score (92/100 vs 77/100), reflecting stronger payout coverage and dividend-growth history.
Is BF-A or PM better value right now?
As of Oct 28, 2026, BF-A looks like the better value: its fair-value estimate is 19% above its share price (undervalued). For PM, its fair-value estimate is 21% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.