BUD 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. PM offers the higher yield at 3.18%, PM has the higher dividend-safety score, and BUD looks like the better value (its fair-value estimate is 16% above its share price).
Key facts: BUD vs PM
Data as of · Source: SmarterDividends data
- As of Nov 6, 2026, Philip Morris International Inc. (PM) has the higher forward dividend yield at 3.18%, versus 1.58% for Anheuser-Busch InBev SA/NV (BUD).
- As of Nov 6, 2026, SmarterDividends grades BUD's dividend safety C (63/100) and PM's B (73/100).
- By SmarterDividends' count as of Nov 6, 2026, BUD has raised its dividend for 3 consecutive years and PM for 13.
- As of Nov 6, 2026, BUD pays out 27% of its earnings as dividends and PM pays out 88%.
- As of Nov 6, 2026, BUD's fair-value estimate is 16% above its share price and PM's fair-value estimate is 22% below its share price, so BUD looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "BUD vs PM: Dividend Yield, Safety & Value Compared," updated Nov 6, 2026, https://smarterdividends.com/compare/bud-vs-pm
| Metric | BUD | PM |
|---|---|---|
| Forward yield | 1.58% | 3.18% |
| Annual dividend | $1.35 | $6.40 |
| Payout ratio | 27% | 88% |
| Years of growth | 3 yr | 13 yr |
| 5-yr dividend growth | 15.4% | 3.5% |
| 5-yr total return | 44% | 143% |
| Dividend safety score | 63 (C) | 73 (B) |
| Fair value estimate | $98.86 | $156.61 |
| Upside to fair value | +16% | -22% |
| Frequency | annual | quarterly |
| Market cap | $167.8B | $314.1B |
| P/E ratio | 17.3 | 29.4 |
Higher yield
PM
3.18%
Safer dividend
PM
Grade B
Faster growth
BUD
15.4%
Better value
BUD
+16% upside
BUD vs PM — FAQ
Is BUD or PM a better dividend stock?
On the data, PM wins more head-to-head categories (5 vs 3). PM offers the higher yield (3.18%), 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, BUD or PM?
PM has the higher forward dividend yield at 3.18%, versus 1.58% for BUD.
Is BUD or PM safer?
PM has the higher dividend-safety score (73/100 vs 63/100), reflecting stronger payout coverage and dividend-growth history.
Is BUD or PM better value right now?
As of Nov 6, 2026, BUD looks like the better value: its fair-value estimate is 16% 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.