CAG vs PM: Which Is the Better Dividend Stock?
As of Oct 27, 2026, CAG (Conagra Brands, Inc.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. CAG offers the higher yield at 4.80%, CAG has the higher dividend-safety score, and CAG looks like the better value (its fair-value estimate is 35% above its share price).
Key facts: CAG vs PM
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, Conagra Brands, Inc. (CAG) has the higher forward dividend yield at 4.80%, versus 3.17% for Philip Morris International Inc. (PM).
- As of Oct 27, 2026, SmarterDividends grades CAG's dividend safety A (82/100) and PM's B (77/100).
- By SmarterDividends' count as of Oct 27, 2026, CAG has raised its dividend for 0 consecutive years and PM for 13.
- As of Oct 27, 2026, CAG pays out 80% of its earnings as dividends and PM pays out 84%.
- As of Oct 27, 2026, CAG's fair-value estimate is 35% above its share price and PM's fair-value estimate is 21% below its share price, so CAG looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "CAG vs PM: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/cag-vs-pm
| Metric | CAG | PM |
|---|---|---|
| Forward yield | 4.80% | 3.17% |
| Annual dividend | $0.70 | $6.40 |
| Payout ratio | 80% | 84% |
| Years of growth | 0 yr | 13 yr |
| 5-yr dividend growth | 8.9% | 3.5% |
| 5-yr total return | -51% | 132% |
| Dividend safety score | 82 (A) | 77 (B) |
| Fair value estimate | $19.65 | $159.37 |
| Upside to fair value | +35% | -21% |
| Frequency | quarterly | quarterly |
| Market cap | $7.0B | $314.6B |
| P/E ratio | — | 29.5 |
Higher yield
CAG
4.80%
Safer dividend
CAG
Grade A
Faster growth
CAG
8.9%
Better value
CAG
+35% upside
CAG vs PM — FAQ
Is CAG or PM a better dividend stock?
On the data, CAG wins more head-to-head categories (5 vs 3). CAG offers the higher yield (4.80%), while CAG has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, CAG or PM?
CAG has the higher forward dividend yield at 4.80%, versus 3.17% for PM.
Is CAG or PM safer?
CAG has the higher dividend-safety score (82/100 vs 77/100), reflecting stronger payout coverage and dividend-growth history.
Is CAG or PM better value right now?
As of Oct 27, 2026, CAG looks like the better value: its fair-value estimate is 35% 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.