PM vs RBGPF: Which Is the Better Dividend Stock?
As of Oct 23, 2026, PM and RBGPF are closely matched. RBGPF offers the higher yield at 4.13%, PM has the higher dividend-safety score, and RBGPF looks like the better value (its fair-value estimate is 19% above its share price).
Key facts: PM vs RBGPF
Data as of · Source: SmarterDividends data
- As of Oct 23, 2026, Reckitt Benckiser Group plc (RBGPF) has the higher forward dividend yield at 4.13%, versus 3.17% for Philip Morris International Inc. (PM).
- As of Oct 23, 2026, SmarterDividends grades PM's dividend safety B (72/100) and RBGPF's C (57/100).
- By SmarterDividends' count as of Oct 23, 2026, PM has raised its dividend for 13 consecutive years and RBGPF for 3.
- As of Oct 23, 2026, PM pays out 84% of its earnings as dividends and RBGPF pays out 49%.
- As of Oct 23, 2026, PM's fair-value estimate is 20% below its share price and RBGPF's fair-value estimate is 19% above its share price, so RBGPF looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "PM vs RBGPF: Dividend Yield, Safety & Value Compared," updated Oct 23, 2026, https://smarterdividends.com/compare/pm-vs-rbgpf
| Metric | PM | RBGPF |
|---|---|---|
| Forward yield | 3.17% | 4.13% |
| Annual dividend | $6.40 | $2.90 |
| Payout ratio | 84% | 49% |
| Years of growth | 13 yr | 3 yr |
| 5-yr dividend growth | 3.5% | 3.8% |
| 5-yr total return | 139% | -7% |
| Dividend safety score | 72 (B) | 57 (C) |
| Fair value estimate | $161.23 | $83.27 |
| Upside to fair value | -20% | +19% |
| Frequency | quarterly | quarterly |
| Market cap | $314.4B | $44.4B |
| P/E ratio | 29.5 | 11.8 |
Higher yield
RBGPF
4.13%
Safer dividend
PM
Grade B
Faster growth
RBGPF
3.8%
Better value
RBGPF
+19% upside
PM vs RBGPF — FAQ
Is PM or RBGPF a better dividend stock?
PM and RBGPF are closely matched. RBGPF has the higher yield; PM scores better on safety.
Which has a higher dividend yield, PM or RBGPF?
RBGPF has the higher forward dividend yield at 4.13%, versus 3.17% for PM.
Is PM or RBGPF safer?
PM has the higher dividend-safety score (72/100 vs 57/100), reflecting stronger payout coverage and dividend-growth history.
Is PM or RBGPF better value right now?
As of Oct 23, 2026, RBGPF looks like the better value: its fair-value estimate is 19% above its share price (undervalued). For PM, its fair-value estimate is 20% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.