SmarterDividends

PM vs RBGLY: Which Is the Better Dividend Stock?

As of Oct 23, 2026, PM and RBGLY are closely matched. RBGLY offers the higher yield at 3.83%, PM has the higher dividend-safety score, and RBGLY looks like the better value (its fair-value estimate is 12% above its share price).

Key facts: PM vs RBGLY

Data as of · Source: SmarterDividends data

  • As of Oct 23, 2026, Reckitt Benckiser Group plc (RBGLY) has the higher forward dividend yield at 3.83%, versus 3.17% for Philip Morris International Inc. (PM).
  • As of Oct 23, 2026, SmarterDividends grades PM's dividend safety B (72/100) and RBGLY's C (61/100).
  • By SmarterDividends' count as of Oct 23, 2026, PM has raised its dividend for 13 consecutive years and RBGLY for 3.
  • As of Oct 23, 2026, PM pays out 84% of its earnings as dividends and RBGLY pays out 49%.
  • As of Oct 23, 2026, PM's fair-value estimate is 20% below its share price and RBGLY's fair-value estimate is 12% above its share price, so RBGLY looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "PM vs RBGLY: Dividend Yield, Safety & Value Compared," updated Oct 23, 2026, https://smarterdividends.com/compare/pm-vs-rbgly

MetricPMRBGLY
Forward yield3.17%3.83%
Annual dividend$6.40$0.58
Payout ratio84%49%
Years of growth13 yr3 yr
5-yr dividend growth3.5%4.0%
5-yr total return139%-12%
Dividend safety score72 (B)61 (C)
Fair value estimate$161.23$16.82
Upside to fair value-20%+12%
Frequencyquarterlyquarterly
Market cap$314.4B$47.7B
P/E ratio29.512.7

Higher yield

RBGLY

3.83%

Safer dividend

PM

Grade B

Faster growth

RBGLY

4.0%

Better value

RBGLY

+12% upside

PM vs RBGLY — FAQ

Is PM or RBGLY a better dividend stock?

PM and RBGLY are closely matched. RBGLY has the higher yield; PM scores better on safety.

Which has a higher dividend yield, PM or RBGLY?

RBGLY has the higher forward dividend yield at 3.83%, versus 3.17% for PM.

Is PM or RBGLY safer?

PM has the higher dividend-safety score (72/100 vs 61/100), reflecting stronger payout coverage and dividend-growth history.

Is PM or RBGLY better value right now?

As of Oct 23, 2026, RBGLY looks like the better value: its fair-value estimate is 12% above its share price (fairly valued). For PM, its fair-value estimate is 20% below its share price.

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