DG vs PM: Which Is the Better Dividend Stock?
As of Nov 6, 2026, DG and PM are closely matched. PM offers the higher yield at 3.18%, DG has the higher dividend-safety score, and DG looks like the better value (its fair-value estimate is 0% above its share price).
Key facts: DG 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 1.71% for Dollar General Corporation (DG).
- As of Nov 6, 2026, SmarterDividends grades DG's dividend safety A (85/100) and PM's B (73/100).
- By SmarterDividends' count as of Nov 6, 2026, DG has raised its dividend for 0 consecutive years and PM for 13.
- As of Nov 6, 2026, DG pays out 31% of its earnings as dividends and PM pays out 88%.
- As of Nov 6, 2026, DG's fair-value estimate is 0% above its share price and PM's fair-value estimate is 22% below its share price, so DG looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "DG vs PM: Dividend Yield, Safety & Value Compared," updated Nov 6, 2026, https://smarterdividends.com/compare/dg-vs-pm
| Metric | DG | PM |
|---|---|---|
| Forward yield | 1.71% | 3.18% |
| Annual dividend | $2.36 | $6.40 |
| Payout ratio | 31% | 88% |
| Years of growth | 0 yr | 13 yr |
| 5-yr dividend growth | 11.0% | 3.5% |
| 5-yr total return | -40% | 143% |
| Dividend safety score | 85 (A) | 73 (B) |
| Fair value estimate | $138.63 | $156.61 |
| Upside to fair value | +0% | -22% |
| Frequency | quarterly | quarterly |
| Market cap | $30.4B | $314.1B |
| P/E ratio | 17.9 | 29.4 |
Higher yield
PM
3.18%
Safer dividend
DG
Grade A
Faster growth
DG
11.0%
Better value
DG
+0% upside
DG vs PM — FAQ
Is DG or PM a better dividend stock?
DG and PM are closely matched. PM has the higher yield; DG scores better on safety.
Which has a higher dividend yield, DG or PM?
PM has the higher forward dividend yield at 3.18%, versus 1.71% for DG.
Is DG or PM safer?
DG has the higher dividend-safety score (85/100 vs 73/100), reflecting stronger payout coverage and dividend-growth history.
Is DG or PM better value right now?
As of Nov 6, 2026, DG looks like the better value: its fair-value estimate is 0% above its share price (fairly valued). For PM, its fair-value estimate is 22% below its share price.
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.