SmarterDividends

CALM vs PM: Which Is the Better Dividend Stock?

As of Oct 27, 2026, PM (Philip Morris International Inc.) screens as the stronger dividend stock, winning 5 of 7 head-to-head metrics. CALM offers the higher yield at 3.93%, PM has the higher dividend-safety score, and CALM looks like the better value (its fair-value estimate is 15% below its share price).

Key facts: CALM vs PM

Data as of · Source: SmarterDividends data

  • As of Oct 27, 2026, Cal-Maine Foods, Inc. (CALM) has the higher forward dividend yield at 3.93%, versus 3.17% for Philip Morris International Inc. (PM).
  • As of Oct 27, 2026, SmarterDividends grades CALM's dividend safety F (31/100) and PM's B (77/100).
  • By SmarterDividends' count as of Oct 27, 2026, CALM has raised its dividend for 4 consecutive years and PM for 13.
  • As of Oct 27, 2026, CALM pays out 199% of its earnings as dividends and PM pays out 84%.
  • As of Oct 27, 2026, CALM's fair-value estimate is 15% below its share price and PM's fair-value estimate is 21% below its share price, so CALM looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "CALM vs PM: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/calm-vs-pm

MetricCALMPM
Forward yield3.93%3.17%
Annual dividend$2.45$6.40
Payout ratio199%84%
Years of growth4 yr13 yr
5-yr dividend growth—3.5%
5-yr total return74%132%
Dividend safety score31 (F)77 (B)
Fair value estimate$52.95$159.37
Upside to fair value-15%-21%
Frequencyquarterlyquarterly
Market cap$2.9B$314.6B
P/E ratio50.729.5

Higher yield

CALM

3.93%

Safer dividend

PM

Grade B

Faster growth

PM

3.5%

Better value

CALM

-15% upside

CALM vs PM — FAQ

Is CALM or PM a better dividend stock?

On the data, PM wins more head-to-head categories (5 vs 2). CALM offers the higher yield (3.93%), 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, CALM or PM?

CALM has the higher forward dividend yield at 3.93%, versus 3.17% for PM.

Is CALM or PM safer?

PM has the higher dividend-safety score (77/100 vs 31/100), reflecting stronger payout coverage and dividend-growth history.

Is CALM or PM better value right now?

As of Oct 27, 2026, CALM looks like the better value: its fair-value estimate is 15% below its share price (overvalued). For PM, its fair-value estimate is 21% below its share price.

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.