PM vs PSMT: 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%, PSMT 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: PM vs PSMT
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 0.82% for PriceSmart, Inc. (PSMT).
- As of Oct 18, 2026, SmarterDividends grades PM's dividend safety B (72/100) and PSMT's A (91/100).
- By SmarterDividends' count as of Oct 18, 2026, PM has raised its dividend for 13 consecutive years and PSMT for 4.
- As of Oct 18, 2026, PM pays out 84% of its earnings as dividends and PSMT pays out 26%.
- As of Oct 18, 2026, PM's fair-value estimate is 21% below its share price and PSMT's fair-value estimate is 38% below its share price, so PM looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "PM vs PSMT: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/pm-vs-psmt
| Metric | PM | PSMT |
|---|---|---|
| Forward yield | 3.12% | 0.82% |
| Annual dividend | $6.40 | $1.40 |
| Payout ratio | 84% | 26% |
| Years of growth | 13 yr | 4 yr |
| 5-yr dividend growth | 3.5% | 12.5% |
| 5-yr total return | 139% | 137% |
| Dividend safety score | 72 (B) | 91 (A) |
| Fair value estimate | $161.23 | $105.55 |
| Upside to fair value | -21% | -38% |
| Frequency | quarterly | semiannual |
| Market cap | $319.8B | $5.2B |
| P/E ratio | 29.5 | 32.7 |
Higher yield
PM
3.12%
Safer dividend
PSMT
Grade A
Faster growth
PSMT
12.5%
Better value
PM
-21% upside
PM vs PSMT — FAQ
Is PM or PSMT 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 PSMT has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, PM or PSMT?
PM has the higher forward dividend yield at 3.12%, versus 0.82% for PSMT.
Is PM or PSMT safer?
PSMT has the higher dividend-safety score (91/100 vs 72/100), reflecting stronger payout coverage and dividend-growth history.
Is PM or PSMT 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 PSMT, its fair-value estimate is 38% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.