Philip Morris leads BTI in dividend growth and smoke-free sales amid tobacco industry decline.

Philip Morris International outperforms British American Tobacco in dividend growth, cash flow, and smoke-free product sales despite both facing a declining cigarette market. Philip Morris pays dividends in U.S. dollars with steady increases and has a stronger cash flow supporting its payouts, while BAT's dividends are affected by currency fluctuations and weaker cash flow. Philip Morris's smoke-free products now account for over 40% of revenue, driving growth, whereas BAT still relies heavily on traditional cigarettes. Investors seeking reliable retirement income may prefer Philip Morris for its growth and stability, while BAT offers a higher current yield but with more risk from currency and market pressures.

British American Tobacco trades at USD 54.51 with a 6.09% dividend yield, while Philip Morris is priced higher at USD 191.55 but offers a lower yield of 3.3%. On Pluang, BTI shows 100% buy order activity compared to PM's 98% sell activity as of Oct 01, 2026 02:31 WIB. This highlights differing investor sentiment despite the dividend and market cap contrasts.