KO vs PM: Which Is the Better Dividend Stock?
As of June 2026, KO and PM are closely matched. PM offers the higher yield at 3.19%, KO has the higher dividend-safety score, and PM trades at the larger discount to fair value (-9%).
| Metric | KO | PM |
|---|---|---|
| Forward yield | 2.57% | 3.19% |
| Annual dividend | $2.12 | $5.88 |
| Payout ratio | 65% | 81% |
| Years of growth | 55 yr | 13 yr |
| 5-yr dividend growth | 4.5% | 3.5% |
| 5-yr total return | 53% | 86% |
| Dividend safety score | 92 (A) | 70 (B) |
| Fair value estimate | $49.24 | $168.41 |
| Upside to fair value | -40% | -9% |
| Frequency | quarterly | quarterly |
| Market cap | $355.5B | $287.2B |
| P/E ratio | 26.0 | 26.0 |
Higher yield
PM
3.19%
Safer dividend
KO
Grade A
Faster growth
KO
4.5%
Better value
PM
-9% upside
KO vs PM — FAQ
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.