PM vs TR: Which Is the Better Dividend Stock?
As of July 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 3.25%, TR has the higher dividend-safety score, and TR trades at the larger discount to fair value (+56%).
| Metric | PM | TR |
|---|---|---|
| Forward yield | 3.25% | 0.91% |
| Annual dividend | $5.88 | $0.36 |
| Payout ratio | 81% | 26% |
| Years of growth | 13 yr | 5 yr |
| 5-yr dividend growth | 3.5% | 2.8% |
| 5-yr total return | 81% | 28% |
| Dividend safety score | 70 (B) | 96 (A) |
| Fair value estimate | $170.90 | $59.44 |
| Upside to fair value | -5% | +56% |
| Frequency | quarterly | quarterly |
| Market cap | $282.0B | $3.0B |
| P/E ratio | 25.4 | 29.7 |
Higher yield
PM
3.25%
Safer dividend
TR
Grade A
Faster growth
PM
3.5%
Better value
TR
+56% upside
PM vs TR — FAQ
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