LW vs PM: Which Is the Better Dividend Stock?
As of August 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 3.15%, PM has the higher dividend-safety score, and LW trades at the larger discount to fair value (+1%).
| Metric | LW | PM |
|---|---|---|
| Forward yield | 2.87% | 3.15% |
| Annual dividend | $1.52 | $5.88 |
| Payout ratio | 72% | 81% |
| Years of growth | 8 yr | 13 yr |
| 5-yr dividend growth | 10.0% | 3.5% |
| 5-yr total return | -19% | 85% |
| Dividend safety score | 71 (B) | 72 (B) |
| Fair value estimate | $53.23 | $175.85 |
| Upside to fair value | +1% | -8% |
| Frequency | quarterly | quarterly |
| Market cap | $7.3B | $294.5B |
| P/E ratio | 25.6 | 25.6 |
Higher yield
PM
3.15%
Safer dividend
PM
Grade B
Faster growth
LW
10.0%
Better value
LW
+1% upside
LW vs PM — FAQ
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