PM dividend yield: 4.27%. NNN dividend yield: 5.28%. Philip Morris International operates outside the US with an accelerating shift to smoke-free products. IQOS heated tobacco and ZYN nicotine pouches now represent 40%+ of revenue. PM has raised its dividend 16+ consecutive years since spinning off from Altria in 2008. The company targets $15B+ in smoke-free revenues by 2030. NNN REIT (formerly National Retail Properties) is a Dividend King with 34+ consecutive years of dividend increases — one of only three REITs to achieve this status. Focuses on single-tenant properties with long-term net leases to operators in necessity-based retail sectors.
Philip Morris International operates outside the US with an accelerating shift to smoke-free products. IQOS heated tobacco and ZYN nicotine pouches now represent 40%+ of revenue. PM has raised its dividend 16+ consecutive years since spinning off from Altria in 2008. The company targets $15B+ in smoke-free revenues by 2030.
NNN REIT (formerly National Retail Properties) is a Dividend King with 34+ consecutive years of dividend increases — one of only three REITs to achieve this status. Focuses on single-tenant properties with long-term net leases to operators in necessity-based retail sectors.
PM currently offers a 4.27% yield (5.40/share/year) while NNN offers 5.28% (2.26/share/year). NNN provides higher current income. However, NNN has grown its dividend faster (2.8% 5Y CAGR), which may lead to better long-term income through compounding.
How much would $10,000 in PM vs NNN earn per year?
With $10,000 invested today: PM pays approximately $427/year. NNN pays approximately $528/year. With DRIP reinvestment over 10 years, these grow to $722/year (PM) and $1,148/year (NNN).
Does PM or NNN pay monthly dividends?
PM pays quarterly dividends. NNN pays quarterly dividends. Neither pay monthly — both use a quarterly schedule, which is preferred by investors who need regular cash flow.
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