SmarterDividends

NWL 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 6 of 8 head-to-head metrics. NWL offers the higher yield at 5.17%, PM has the higher dividend-safety score, and NWL looks like the better value (its fair-value estimate is 32% above its share price).

Key facts: NWL vs PM

Data as of · Source: SmarterDividends data

  • As of Oct 27, 2026, Newell Brands Inc. (NWL) has the higher forward dividend yield at 5.17%, versus 3.17% for Philip Morris International Inc. (PM).
  • As of Oct 27, 2026, SmarterDividends grades NWL's dividend safety C (58/100) and PM's B (77/100).
  • By SmarterDividends' count as of Oct 27, 2026, NWL has raised its dividend for 0 consecutive years and PM for 13.
  • As of Oct 27, 2026, NWL pays out 196% of its earnings as dividends and PM pays out 84%.
  • As of Oct 27, 2026, NWL's fair-value estimate is 32% above its share price and PM's fair-value estimate is 21% below its share price, so NWL looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "NWL vs PM: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/nwl-vs-pm

MetricNWLPM
Forward yield5.17%3.17%
Annual dividend$0.28$6.40
Payout ratio196%84%
Years of growth0 yr13 yr
5-yr dividend growth-21.2%3.5%
5-yr total return-75%132%
Dividend safety score58 (C)77 (B)
Fair value estimate$7.15$159.37
Upside to fair value+32%-21%
Frequencyquarterlyquarterly
Market cap$2.3B$314.6B
P/E ratio—29.5

Higher yield

NWL

5.17%

Safer dividend

PM

Grade B

Faster growth

PM

3.5%

Better value

NWL

+32% upside

NWL vs PM — FAQ

Is NWL or PM a better dividend stock?

On the data, PM wins more head-to-head categories (6 vs 2). NWL offers the higher yield (5.17%), 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, NWL or PM?

NWL has the higher forward dividend yield at 5.17%, versus 3.17% for PM.

Is NWL or PM safer?

PM has the higher dividend-safety score (77/100 vs 58/100), reflecting stronger payout coverage and dividend-growth history.

Is NWL or PM better value right now?

As of Oct 27, 2026, NWL looks like the better value: its fair-value estimate is 32% above its share price (undervalued). For PM, its fair-value estimate is 21% below its share price.

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.