MO vs PM: Which Is the Better Dividend Stock?
As of July 2026, MO (Altria Group, Inc.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. MO offers the higher yield at 5.71%, MO has the higher dividend-safety score, and MO trades at the larger discount to fair value (+39%).
| Metric | MO | PM |
|---|---|---|
| Forward yield | 5.71% | 3.05% |
| Annual dividend | $4.24 | $5.88 |
| Payout ratio | 88% | 81% |
| Years of growth | 17 yr | 13 yr |
| 5-yr dividend growth | 4.1% | 3.5% |
| 5-yr total return | 48% | 87% |
| Dividend safety score | 80 (A) | 70 (B) |
| Fair value estimate | $103.49 | $172.87 |
| Upside to fair value | +39% | -10% |
| Frequency | quarterly | quarterly |
| Market cap | $124.7B | $300.4B |
| P/E ratio | 15.5 | 27.2 |
Higher yield
MO
5.71%
Safer dividend
MO
Grade A
Faster growth
MO
4.1%
Better value
MO
+39% upside
MO vs PM — FAQ
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.