PG vs PM
The Procter & Gamble Company compared with Philip Morris International Inc. on yield, payout growth, payment schedule, cost and risk.
PG
The Procter & Gamble Company
TTM yield · Quarterly
PM
Philip Morris International Inc.
TTM yield · Quarterly
Quick take
- PM yields more today: 3.21% vs 2.71% (forward).
- PG has grown its payout faster: 4.9%/yr vs 4.4%/yr over the last 5 years.
- Both pay every quarter.
- PG has the longer streak of annual increases: 34 years vs 13.
- Over the last year PM delivered the higher total return: +26.7% vs +7.6% (price change plus payouts).
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | PG | PM |
|---|---|---|
| Share price | $161.02 | $199.47 |
| TTM yield | 2.69% | 3.01% |
| Forward yield | 2.71% | 3.21% |
| Annual payout per share | $4.356 | $6.40 |
| Payment frequency | Quarterly | Quarterly |
| Next ex-date | Jan 22, 2027 (est.) | Jan 4, 2027 (est.) |
| Payout ratio (earnings) | 65% | 84% |
| 1-year payout growth | +3.5% | +8.9% |
| 5-year payout CAGR | +4.9% | +4.4% |
| Consecutive years of increases | 34 years | 13 years |
| Payout consistency (last 12) | 96/100 | 94/100 |
| 1-year total return | +7.6% | +26.7% |
| 1-year price return | +4.8% | +23.0% |
| Size (market cap / AUM) | 373.2B | 310.9B |
| Years paying | 64.8 | 18.3 |
| Payout risk (heuristic) | Low | Low |
| Sector / category | Consumer Defensive | Consumer Defensive |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| PG | PM | |
|---|---|---|
| Shares | 62.1 | 50.1 |
| Income per year | $271 | $321 |
| Income per month (avg) | $23 | $27 |
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| PG Jan 22, 2027 | Feb 5, 2027 | $1.089 | Est. |
| PG Apr 23, 2027 | May 7, 2027 | $1.089 | Est. |
| PG Jul 23, 2027 | Aug 6, 2027 | $1.089 | Est. |
| PM Jan 4, 2027 | Jan 18, 2027 | $1.60 | Est. |
| PM Apr 8, 2027 | Apr 22, 2027 | $1.60 | Est. |
| PM Jul 11, 2027 | Jul 25, 2027 | $1.60 | Est. |
Annual payouts per share
PGPM
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, PG or PM?
PM currently has the higher trailing yield: PG yields 2.69% and PM yields 3.01%. Yield changes daily with price, so check the live figures above.
How often do PG and PM pay?
PG pays every quarter and PM pays every quarter. PG's next ex-date is Jan 22, 2027 and PM's is Jan 4, 2027.
Which has grown its dividend faster, PG or PM?
PG has grown its payout faster: 4.9%/yr vs 4.4%/yr over the last 5 years.
Is PG or PM better for income?
It depends on what you are optimising for. PG and PM differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.