BTAFF vs PM: Which Is the Better Dividend Stock?
As of Oct 27, 2026, BTAFF and PM are closely matched. BTAFF offers the higher yield at 5.42%, PM has the higher dividend-safety score, and BTAFF looks like the better value (its fair-value estimate is 43% above its share price).
Key facts: BTAFF vs PM
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, British American Tobacco p.l.c. (BTAFF) has the higher forward dividend yield at 5.42%, versus 3.17% for Philip Morris International Inc. (PM).
- As of Oct 27, 2026, SmarterDividends grades BTAFF's dividend safety C (58/100) and PM's B (77/100).
- By SmarterDividends' count as of Oct 27, 2026, BTAFF has raised its dividend for 3 consecutive years and PM for 13.
- As of Oct 27, 2026, BTAFF pays out 83% of its earnings as dividends and PM pays out 84%.
- As of Oct 27, 2026, BTAFF's fair-value estimate is 43% above its share price and PM's fair-value estimate is 21% below its share price, so BTAFF looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "BTAFF vs PM: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/btaff-vs-pm
| Metric | BTAFF | PM |
|---|---|---|
| Forward yield | 5.42% | 3.17% |
| Annual dividend | $3.28 | $6.40 |
| Payout ratio | 83% | 84% |
| Years of growth | 3 yr | 13 yr |
| 5-yr dividend growth | 3.7% | 3.5% |
| 5-yr total return | 77% | 132% |
| Dividend safety score | 58 (C) | 77 (B) |
| Fair value estimate | $86.47 | $159.37 |
| Upside to fair value | +43% | -21% |
| Frequency | quarterly | quarterly |
| Market cap | $130.0B | $314.6B |
| P/E ratio | 15.5 | 29.5 |
Higher yield
BTAFF
5.42%
Safer dividend
PM
Grade B
Faster growth
BTAFF
3.7%
Better value
BTAFF
+43% upside
BTAFF vs PM — FAQ
Is BTAFF or PM a better dividend stock?
BTAFF and PM are closely matched. BTAFF has the higher yield; PM scores better on safety.
Which has a higher dividend yield, BTAFF or PM?
BTAFF has the higher forward dividend yield at 5.42%, versus 3.17% for PM.
Is BTAFF or PM safer?
PM has the higher dividend-safety score (77/100 vs 58/100), reflecting stronger payout coverage and dividend-growth history.
Is BTAFF or PM better value right now?
As of Oct 27, 2026, BTAFF looks like the better value: its fair-value estimate is 43% above its share price (undervalued). 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.