SmarterDividends

CHD vs PM: Which Is the Better Dividend Stock?

As of Nov 6, 2026, CHD and PM are closely matched. PM offers the higher yield at 3.18%, CHD has the higher dividend-safety score, and PM looks like the better value (its fair-value estimate is 22% below its share price).

Key facts: CHD 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 1.10% for Church & Dwight Co., Inc. (CHD).
  • As of Nov 6, 2026, SmarterDividends grades CHD's dividend safety A (98/100) and PM's B (73/100).
  • By SmarterDividends' count as of Nov 6, 2026, CHD has raised its dividend for 29 consecutive years and PM for 13.
  • As of Nov 6, 2026, CHD pays out 37% of its earnings as dividends and PM pays out 88%.
  • As of Nov 6, 2026, CHD's fair-value estimate is 36% below its share price and PM's fair-value estimate is 22% below its share price, so PM looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "CHD vs PM: Dividend Yield, Safety & Value Compared," updated Nov 6, 2026, https://smarterdividends.com/compare/chd-vs-pm

MetricCHDPM
Forward yield1.10%3.18%
Annual dividend$1.23$6.40
Payout ratio37%88%
Years of growth29 yr13 yr
5-yr dividend growth4.2%3.5%
5-yr total return20%143%
Dividend safety score98 (A)73 (B)
Fair value estimate$71.24$156.61
Upside to fair value-36%-22%
Frequencyquarterlyquarterly
Market cap$26.3B$314.1B
P/E ratio34.229.4

Higher yield

PM

3.18%

Safer dividend

CHD

Grade A

Faster growth

CHD

4.2%

Better value

PM

-22% upside

CHD vs PM — FAQ

Is CHD or PM a better dividend stock?

CHD and PM are closely matched. PM has the higher yield; CHD scores better on safety.

Which has a higher dividend yield, CHD or PM?

PM has the higher forward dividend yield at 3.18%, versus 1.10% for CHD.

Is CHD or PM safer?

CHD has the higher dividend-safety score (98/100 vs 73/100), reflecting stronger payout coverage and dividend-growth history.

Is CHD or PM better value right now?

As of Nov 6, 2026, PM looks like the better value: its fair-value estimate is 22% below its share price (overvalued). For CHD, its fair-value estimate is 36% below its share price.

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