BF-B vs PM: Which Is the Better Dividend Stock?
As of Oct 28, 2026, BF-B (Brown-Forman Corporation) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. BF-B offers the higher yield at 3.19%, BF-B has the higher dividend-safety score, and BF-B looks like the better value (its fair-value estimate is 10% below its share price).
Key facts: BF-B vs PM
Data as of · Source: SmarterDividends data
- As of Oct 28, 2026, Brown-Forman Corporation (BF-B) has the higher forward dividend yield at 3.19%, versus 3.16% for Philip Morris International Inc. (PM).
- As of Oct 28, 2026, SmarterDividends grades BF-B's dividend safety A (90/100) and PM's B (77/100).
- By SmarterDividends' count as of Oct 28, 2026, BF-B has raised its dividend for 38 consecutive years and PM for 13.
- As of Oct 28, 2026, BF-B pays out 59% of its earnings as dividends and PM pays out 84%.
- As of Oct 28, 2026, BF-B's fair-value estimate is 10% below its share price and PM's fair-value estimate is 21% below its share price, so BF-B looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "BF-B vs PM: Dividend Yield, Safety & Value Compared," updated Oct 28, 2026, https://smarterdividends.com/compare/bf-b-vs-pm
| Metric | BF-B | PM |
|---|---|---|
| Forward yield | 3.19% | 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 | -58% | 132% |
| Dividend safety score | 90 (A) | 77 (B) |
| Fair value estimate | $25.59 | $159.37 |
| Upside to fair value | -10% | -21% |
| Frequency | quarterly | quarterly |
| Market cap | $13.1B | $315.8B |
| P/E ratio | 18.4 | 29.6 |
Higher yield
BF-B
3.19%
Safer dividend
BF-B
Grade A
Faster growth
BF-B
5.4%
Better value
BF-B
-10% upside
BF-B vs PM — FAQ
Is BF-B or PM a better dividend stock?
On the data, BF-B wins more head-to-head categories (6 vs 2). BF-B offers the higher yield (3.19%), while BF-B 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-B or PM?
BF-B has the higher forward dividend yield at 3.19%, versus 3.16% for PM.
Is BF-B or PM safer?
BF-B has the higher dividend-safety score (90/100 vs 77/100), reflecting stronger payout coverage and dividend-growth history.
Is BF-B or PM better value right now?
As of Oct 28, 2026, BF-B looks like the better value: its fair-value estimate is 10% below its share price (fairly valued). For PM, its fair-value estimate is 21% below its share price.
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.