GIS vs PM: Which Is the Better Dividend Stock?
As of Oct 27, 2026, GIS and PM are closely matched. GIS offers the higher yield at 7.24%, PM has the higher dividend-safety score, and GIS looks like the better value (its fair-value estimate is 43% above its share price).
Key facts: GIS vs PM
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, General Mills, Inc. (GIS) has the higher forward dividend yield at 7.24%, versus 3.17% for Philip Morris International Inc. (PM).
- As of Oct 27, 2026, SmarterDividends grades GIS's dividend safety B (75/100) and PM's B (77/100).
- By SmarterDividends' count as of Oct 27, 2026, GIS has raised its dividend for 6 consecutive years and PM for 13.
- As of Oct 27, 2026, GIS pays out 59% of its earnings as dividends and PM pays out 84%.
- As of Oct 27, 2026, GIS's fair-value estimate is 43% above its share price and PM's fair-value estimate is 21% below its share price, so GIS looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "GIS vs PM: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/gis-vs-pm
| Metric | GIS | PM |
|---|---|---|
| Forward yield | 7.24% | 3.17% |
| Annual dividend | $2.44 | $6.40 |
| Payout ratio | 59% | 84% |
| Years of growth | 6 yr | 13 yr |
| 5-yr dividend growth | 4.1% | 3.5% |
| 5-yr total return | -44% | 132% |
| Dividend safety score | 75 (B) | 77 (B) |
| Fair value estimate | $48.03 | $159.37 |
| Upside to fair value | +43% | -21% |
| Frequency | quarterly | quarterly |
| Market cap | $18.0B | $314.6B |
| P/E ratio | — | 29.5 |
Higher yield
GIS
7.24%
Safer dividend
PM
Grade B
Faster growth
GIS
4.1%
Better value
GIS
+43% upside
GIS vs PM — FAQ
Is GIS or PM a better dividend stock?
GIS and PM are closely matched. GIS has the higher yield; PM scores better on safety.
Which has a higher dividend yield, GIS or PM?
GIS has the higher forward dividend yield at 7.24%, versus 3.17% for PM.
Is GIS or PM safer?
PM has the higher dividend-safety score (77/100 vs 75/100), reflecting stronger payout coverage and dividend-growth history.
Is GIS or PM better value right now?
As of Oct 27, 2026, GIS looks like the better value: its fair-value estimate is 43% 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.