PM vs TR: 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%, TR has the higher dividend-safety score, and TR looks like the better value (its fair-value estimate is 42% above its share price).
Key facts: PM vs TR
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 0.94% for Tootsie Roll Industries, Inc. (TR).
- As of Oct 18, 2026, SmarterDividends grades PM's dividend safety B (72/100) and TR's A (96/100).
- By SmarterDividends' count as of Oct 18, 2026, PM has raised its dividend for 13 consecutive years and TR for 5.
- As of Oct 18, 2026, PM pays out 84% of its earnings as dividends and TR pays out 29%.
- As of Oct 18, 2026, PM's fair-value estimate is 21% below its share price and TR's fair-value estimate is 42% above its share price, so TR looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "PM vs TR: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/pm-vs-tr
| Metric | PM | TR |
|---|---|---|
| Forward yield | 3.12% | 0.94% |
| Annual dividend | $6.40 | $0.36 |
| Payout ratio | 84% | 29% |
| Years of growth | 13 yr | 5 yr |
| 5-yr dividend growth | 3.5% | 2.8% |
| 5-yr total return | 139% | 41% |
| Dividend safety score | 72 (B) | 96 (A) |
| Fair value estimate | $161.23 | $54.25 |
| Upside to fair value | -21% | +42% |
| Frequency | quarterly | quarterly |
| Market cap | $319.8B | $2.9B |
| P/E ratio | 29.5 | 30.3 |
Higher yield
PM
3.12%
Safer dividend
TR
Grade A
Faster growth
PM
3.5%
Better value
TR
+42% upside
PM vs TR — FAQ
Is PM or TR 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 TR 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 TR?
PM has the higher forward dividend yield at 3.12%, versus 0.94% for TR.
Is PM or TR safer?
TR has the higher dividend-safety score (96/100 vs 72/100), reflecting stronger payout coverage and dividend-growth history.
Is PM or TR better value right now?
As of Oct 18, 2026, TR looks like the better value: its fair-value estimate is 42% above its share price (undervalued). For PM, its fair-value estimate is 21% below its share price.
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.