PM vs TAP-A: Which Is the Better Dividend Stock?
As of Oct 27, 2026, PM (Philip Morris International Inc.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. TAP-A offers the higher yield at 4.53%, PM has the higher dividend-safety score, and TAP-A looks like the better value (its fair-value estimate is 14% above its share price).
Key facts: PM vs TAP-A
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, Molson Coors Beverage Company (TAP-A) has the higher forward dividend yield at 4.53%, versus 3.17% for Philip Morris International Inc. (PM).
- As of Oct 27, 2026, SmarterDividends grades PM's dividend safety B (77/100) and TAP-A's C (61/100).
- By SmarterDividends' count as of Oct 27, 2026, PM has raised its dividend for 13 consecutive years and TAP-A for 4.
- As of Oct 27, 2026, PM pays out 84% of its earnings as dividends and TAP-A pays out 36%.
- As of Oct 27, 2026, PM's fair-value estimate is 21% below its share price and TAP-A's fair-value estimate is 14% above its share price, so TAP-A looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "PM vs TAP-A: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/pm-vs-tap-a
| Metric | PM | TAP-A |
|---|---|---|
| Forward yield | 3.17% | 4.53% |
| Annual dividend | $6.40 | $1.92 |
| Payout ratio | 84% | 36% |
| Years of growth | 13 yr | 4 yr |
| 5-yr dividend growth | 3.5% | -3.8% |
| 5-yr total return | 132% | -17% |
| Dividend safety score | 77 (B) | 61 (C) |
| Fair value estimate | $159.37 | $48.17 |
| Upside to fair value | -21% | +14% |
| Frequency | quarterly | quarterly |
| Market cap | $314.6B | $7.9B |
| P/E ratio | 29.5 | — |
Higher yield
TAP-A
4.53%
Safer dividend
PM
Grade B
Faster growth
PM
3.5%
Better value
TAP-A
+14% upside
PM vs TAP-A — FAQ
Is PM or TAP-A a better dividend stock?
On the data, PM wins more head-to-head categories (5 vs 3). TAP-A offers the higher yield (4.53%), 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, PM or TAP-A?
TAP-A has the higher forward dividend yield at 4.53%, versus 3.17% for PM.
Is PM or TAP-A safer?
PM has the higher dividend-safety score (77/100 vs 61/100), reflecting stronger payout coverage and dividend-growth history.
Is PM or TAP-A better value right now?
As of Oct 27, 2026, TAP-A looks like the better value: its fair-value estimate is 14% above its share price (fairly valued). For PM, its fair-value estimate is 21% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.