KHC vs PM: Which Is the Better Dividend Stock?
As of Oct 27, 2026, PM (Philip Morris International Inc.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. KHC offers the higher yield at 6.47%, PM has the higher dividend-safety score, and KHC looks like the better value (its fair-value estimate is 50% above its share price).
Key facts: KHC vs PM
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, The Kraft Heinz Company (KHC) has the higher forward dividend yield at 6.47%, versus 3.17% for Philip Morris International Inc. (PM).
- As of Oct 27, 2026, SmarterDividends grades KHC's dividend safety C (64/100) and PM's B (77/100).
- By SmarterDividends' count as of Oct 27, 2026, KHC has raised its dividend for 0 consecutive years and PM for 13.
- As of Oct 27, 2026, KHC pays out 73% of its earnings as dividends and PM pays out 84%.
- As of Oct 27, 2026, KHC's fair-value estimate is 50% above its share price and PM's fair-value estimate is 21% below its share price, so KHC looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "KHC vs PM: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/khc-vs-pm
| Metric | KHC | PM |
|---|---|---|
| Forward yield | 6.47% | 3.17% |
| Annual dividend | $1.60 | $6.40 |
| Payout ratio | 73% | 84% |
| Years of growth | 0 yr | 13 yr |
| 5-yr dividend growth | 0.0% | 3.5% |
| 5-yr total return | -26% | 132% |
| Dividend safety score | 64 (C) | 77 (B) |
| Fair value estimate | $37.16 | $159.37 |
| Upside to fair value | +50% | -21% |
| Frequency | quarterly | quarterly |
| Market cap | $29.3B | $314.6B |
| P/E ratio | — | 29.5 |
Higher yield
KHC
6.47%
Safer dividend
PM
Grade B
Faster growth
PM
3.5%
Better value
KHC
+50% upside
KHC vs PM — FAQ
Is KHC or PM a better dividend stock?
On the data, PM wins more head-to-head categories (5 vs 3). KHC offers the higher yield (6.47%), while PM has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, KHC or PM?
KHC has the higher forward dividend yield at 6.47%, versus 3.17% for PM.
Is KHC or PM safer?
PM has the higher dividend-safety score (77/100 vs 64/100), reflecting stronger payout coverage and dividend-growth history.
Is KHC or PM better value right now?
As of Oct 27, 2026, KHC looks like the better value: its fair-value estimate is 50% 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.