PM dividend yield: 4.27%. VZ dividend yield: 6.62%. 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. Verizon is America's largest wireless carrier by subscribers. The company offers a high current yield with modest dividend growth. Verizon's 5G network rollout and fiber expansion position it for steady cash flows. A defensive income stock with 19+ consecutive years of dividend increases.
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.
Verizon is America's largest wireless carrier by subscribers. The company offers a high current yield with modest dividend growth. Verizon's 5G network rollout and fiber expansion position it for steady cash flows. A defensive income stock with 19+ consecutive years of dividend increases.
PM currently offers a 4.27% yield (5.40/share/year) while VZ offers 6.62% (2.66/share/year). VZ 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 VZ earn per year?
With $10,000 invested today: PM pays approximately $427/year. VZ pays approximately $662/year. With DRIP reinvestment over 10 years, these grow to $722/year (PM) and $1,768/year (VZ).
Does PM or VZ pay monthly dividends?
PM pays quarterly dividends. VZ 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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