SmarterDividends

IMKTA vs PM: Which Is the Better Dividend Stock?

As of Oct 1, 2026, PM (Philip Morris International Inc.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. PM offers the higher yield at 3.30%, IMKTA has the higher dividend-safety score, and IMKTA looks like the better value (its fair-value estimate is 52% above its share price).

Key facts: IMKTA vs PM

Data as of · Source: SmarterDividends data

  • As of Oct 1, 2026, Philip Morris International Inc. (PM) has the higher forward dividend yield at 3.30%, versus 0.78% for Ingles Markets, Incorporated (IMKTA).
  • As of Oct 1, 2026, SmarterDividends grades IMKTA's dividend safety A (99/100) and PM's B (70/100).
  • By SmarterDividends' count as of Oct 1, 2026, IMKTA has raised its dividend for 0 consecutive years and PM for 13.
  • As of Oct 1, 2026, IMKTA pays out 12% of its earnings as dividends and PM pays out 81%.
  • As of Oct 1, 2026, IMKTA's fair-value estimate is 52% above its share price and PM's fair-value estimate is 15% below its share price, so IMKTA looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "IMKTA vs PM: Dividend Yield, Safety & Value Compared," updated Oct 1, 2026, https://smarterdividends.com/compare/imkta-vs-pm

MetricIMKTAPM
Forward yield0.78%3.30%
Annual dividend$0.66$6.40
Payout ratio12%81%
Years of growth0 yr13 yr
5-yr dividend growth0.0%3.5%
5-yr total return21%101%
Dividend safety score99 (A)70 (B)
Fair value estimate$129.09$162.10
Upside to fair value+52%-15%
Frequencyquarterlyquarterly
Market cap$1.6B$297.4B
P/E ratio15.526.6

Higher yield

PM

3.30%

Safer dividend

IMKTA

Grade A

Faster growth

PM

3.5%

Better value

IMKTA

+52% upside

IMKTA vs PM — FAQ

Is IMKTA or PM a better dividend stock?

On the data, PM wins more head-to-head categories (5 vs 3). PM offers the higher yield (3.30%), while IMKTA has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.

Which has a higher dividend yield, IMKTA or PM?

PM has the higher forward dividend yield at 3.30%, versus 0.78% for IMKTA.

Is IMKTA or PM safer?

IMKTA has the higher dividend-safety score (99/100 vs 70/100), reflecting stronger payout coverage and dividend-growth history.

Is IMKTA or PM better value right now?

As of Oct 1, 2026, IMKTA looks like the better value: its fair-value estimate is 52% above its share price (undervalued). For PM, its fair-value estimate is 15% below its share price.

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