DLMAF vs PM: Which Is the Better Dividend Stock?
As of Nov 6, 2026, DLMAF (Dollarama Inc.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. PM offers the higher yield at 3.18%, DLMAF has the higher dividend-safety score, and DLMAF looks like the better value (its fair-value estimate is 21% below its share price).
Key facts: DLMAF 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 0.22% for Dollarama Inc. (DLMAF).
- As of Nov 6, 2026, SmarterDividends grades DLMAF's dividend safety A (84/100) and PM's B (73/100).
- By SmarterDividends' count as of Nov 6, 2026, DLMAF has raised its dividend for 10 consecutive years and PM for 13.
- As of Nov 6, 2026, DLMAF pays out 9% of its earnings as dividends and PM pays out 88%.
- As of Nov 6, 2026, DLMAF's fair-value estimate is 21% below its share price and PM's fair-value estimate is 22% below its share price, so DLMAF looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "DLMAF vs PM: Dividend Yield, Safety & Value Compared," updated Nov 6, 2026, https://smarterdividends.com/compare/dlmaf-vs-pm
| Metric | DLMAF | PM |
|---|---|---|
| Forward yield | 0.22% | 3.18% |
| Annual dividend | $0.34 | $6.40 |
| Payout ratio | 9% | 88% |
| Years of growth | 10 yr | 13 yr |
| 5-yr dividend growth | 17.2% | 3.5% |
| 5-yr total return | 244% | 143% |
| Dividend safety score | 84 (A) | 73 (B) |
| Fair value estimate | $124.12 | $156.61 |
| Upside to fair value | -21% | -22% |
| Frequency | quarterly | quarterly |
| Market cap | $42.0B | $314.1B |
| P/E ratio | 43.6 | 29.4 |
Higher yield
PM
3.18%
Safer dividend
DLMAF
Grade A
Faster growth
DLMAF
17.2%
Better value
DLMAF
-21% upside
DLMAF vs PM — FAQ
Is DLMAF or PM a better dividend stock?
On the data, DLMAF wins more head-to-head categories (5 vs 3). PM offers the higher yield (3.18%), while DLMAF has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, DLMAF or PM?
PM has the higher forward dividend yield at 3.18%, versus 0.22% for DLMAF.
Is DLMAF or PM safer?
DLMAF has the higher dividend-safety score (84/100 vs 73/100), reflecting stronger payout coverage and dividend-growth history.
Is DLMAF or PM better value right now?
As of Nov 6, 2026, DLMAF looks like the better value: its fair-value estimate is 21% below its share price (overvalued). 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.