SmarterDividends

PM vs TSN: Which Is the Better Dividend Stock?

As of Oct 27, 2026, PM (Philip Morris International Inc.) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. TSN offers the higher yield at 3.62%, TSN has the higher dividend-safety score, and TSN looks like the better value (its fair-value estimate is 33% above its share price).

Key facts: PM vs TSN

Data as of · Source: SmarterDividends data

  • As of Oct 27, 2026, Tyson Foods, Inc. (TSN) has the higher forward dividend yield at 3.62%, versus 3.17% for Philip Morris International Inc. (PM).
  • As of Oct 27, 2026, SmarterDividends grades PM's dividend safety B (77/100) and TSN's A (88/100).
  • By SmarterDividends' count as of Oct 27, 2026, PM has raised its dividend for 13 consecutive years and TSN for 13.
  • As of Oct 27, 2026, PM pays out 84% of its earnings as dividends and TSN pays out 125%.
  • As of Oct 27, 2026, PM's fair-value estimate is 21% below its share price and TSN's fair-value estimate is 33% above its share price, so TSN looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "PM vs TSN: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/pm-vs-tsn

MetricPMTSN
Forward yield3.17%3.62%
Annual dividend$6.40$2.04
Payout ratio84%125%
Years of growth13 yr13 yr
5-yr dividend growth3.5%3.3%
5-yr total return132%-28%
Dividend safety score77 (B)88 (A)
Fair value estimate$159.37$75.28
Upside to fair value-21%+33%
Frequencyquarterlyquarterly
Market cap$314.6B$19.8B
P/E ratio29.534.8

Higher yield

TSN

3.62%

Safer dividend

TSN

Grade A

Faster growth

PM

3.5%

Better value

TSN

+33% upside

PM vs TSN — FAQ

Is PM or TSN a better dividend stock?

On the data, PM wins more head-to-head categories (4 vs 3). TSN offers the higher yield (3.62%), while TSN 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 TSN?

TSN has the higher forward dividend yield at 3.62%, versus 3.17% for PM.

Is PM or TSN safer?

TSN has the higher dividend-safety score (88/100 vs 77/100), reflecting stronger payout coverage and dividend-growth history.

Is PM or TSN better value right now?

As of Oct 27, 2026, TSN looks like the better value: its fair-value estimate is 33% 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.