PM dividend yield: 4.27%. QYLD dividend yield: 11.43%. 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. QYLD sells covered calls on the full Nasdaq 100 index, generating very high monthly income (10%+ yield). The strategy caps upside participation in exchange for income. Best suited for investors who prioritize maximum current income over capital appreciation. NAV erosion over time is a known trade-off.
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.
QYLD sells covered calls on the full Nasdaq 100 index, generating very high monthly income (10%+ yield). The strategy caps upside participation in exchange for income. Best suited for investors who prioritize maximum current income over capital appreciation. NAV erosion over time is a known trade-off.
PM currently offers a 4.27% yield (5.40/share/year) while QYLD offers 11.43% (1.92/share/year). QYLD provides higher current income. However, PM 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 QYLD earn per year?
With $10,000 invested today: PM pays approximately $427/year. QYLD pays approximately $1143/year. With DRIP reinvestment over 10 years, these grow to $722/year (PM) and $3,554/year (QYLD).
Does PM or QYLD pay monthly dividends?
PM pays quarterly dividends. QYLD pays monthly dividends. QYLD pays monthly, which is preferred by investors who need regular cash flow.
📬
Get this PM vs QYLD comparison by email
Save your analysis + get weekly dividend insights. Free forever.