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
| Metric | IMKTA | PM |
|---|---|---|
| Forward yield | 0.78% | 3.30% |
| Annual dividend | $0.66 | $6.40 |
| Payout ratio | 12% | 81% |
| Years of growth | 0 yr | 13 yr |
| 5-yr dividend growth | 0.0% | 3.5% |
| 5-yr total return | 21% | 101% |
| Dividend safety score | 99 (A) | 70 (B) |
| Fair value estimate | $129.09 | $162.10 |
| Upside to fair value | +52% | -15% |
| Frequency | quarterly | quarterly |
| Market cap | $1.6B | $297.4B |
| P/E ratio | 15.5 | 26.6 |
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.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.


