PM dividend yield: 4.27%. PFE dividend yield: 6.77%. 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. Pfizer offers one of the highest dividend yields among blue-chip pharma companies. Post-COVID revenue normalization has pressured earnings, but the dividend has been maintained. Pfizer's acquisition of Seagen adds oncology depth. With 14+ consecutive years of no dividend cuts, income investors see the high yield as an opportunity.
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.
Pfizer offers one of the highest dividend yields among blue-chip pharma companies. Post-COVID revenue normalization has pressured earnings, but the dividend has been maintained. Pfizer's acquisition of Seagen adds oncology depth. With 14+ consecutive years of no dividend cuts, income investors see the high yield as an opportunity.
PM currently offers a 4.27% yield (5.40/share/year) while PFE offers 6.77% (1.68/share/year). PFE provides higher current income. However, PFE has grown its dividend faster (4.1% 5Y CAGR), which may lead to better long-term income through compounding.
How much would $10,000 in PM vs PFE earn per year?
With $10,000 invested today: PM pays approximately $427/year. PFE pays approximately $677/year. With DRIP reinvestment over 10 years, these grow to $722/year (PM) and $5,820/year (PFE).
Does PM or PFE pay monthly dividends?
PM pays quarterly dividends. PFE 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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