NGVC vs PM: Which Is the Better Dividend Stock?
As of Oct 18, 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 3.12%, NGVC has the higher dividend-safety score, and PM looks like the better value (its fair-value estimate is 21% below its share price).
Key facts: NGVC vs PM
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Philip Morris International Inc. (PM) has the higher forward dividend yield at 3.12%, versus 1.96% for Natural Grocers by Vitamin Cottage, Inc. (NGVC).
- As of Oct 18, 2026, SmarterDividends grades NGVC's dividend safety B (75/100) and PM's B (72/100).
- By SmarterDividends' count as of Oct 18, 2026, NGVC has raised its dividend for 2 consecutive years and PM for 13.
- As of Oct 18, 2026, NGVC pays out 28% of its earnings as dividends and PM pays out 84%.
- As of Oct 18, 2026, NGVC's fair-value estimate is 48% below its share price and PM's fair-value estimate is 21% below its share price, so PM looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "NGVC vs PM: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/ngvc-vs-pm
| Metric | NGVC | PM |
|---|---|---|
| Forward yield | 1.96% | 3.12% |
| Annual dividend | $0.60 | $6.40 |
| Payout ratio | 28% | 84% |
| Years of growth | 2 yr | 13 yr |
| 5-yr dividend growth | 12.7% | 3.5% |
| 5-yr total return | 138% | 139% |
| Dividend safety score | 75 (B) | 72 (B) |
| Fair value estimate | $15.97 | $161.23 |
| Upside to fair value | -48% | -21% |
| Frequency | quarterly | quarterly |
| Market cap | $705.4M | $319.8B |
| P/E ratio | 14.9 | 29.5 |
Higher yield
PM
3.12%
Safer dividend
NGVC
Grade B
Faster growth
NGVC
12.7%
Better value
PM
-21% upside
NGVC vs PM — FAQ
Is NGVC or PM a better dividend stock?
On the data, PM wins more head-to-head categories (5 vs 3). PM offers the higher yield (3.12%), while NGVC has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, NGVC or PM?
PM has the higher forward dividend yield at 3.12%, versus 1.96% for NGVC.
Is NGVC or PM safer?
NGVC has the higher dividend-safety score (75/100 vs 72/100), reflecting stronger payout coverage and dividend-growth history.
Is NGVC or PM better value right now?
As of Oct 18, 2026, PM looks like the better value: its fair-value estimate is 21% below its share price (overvalued). For NGVC, its fair-value estimate is 48% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.


