BHP vs CMCL: Which Is the Better Dividend Stock?
As of Oct 18, 2026, CMCL (Caledonia Mining Corporation Plc) screens as the stronger dividend stock, winning 5 of 7 head-to-head metrics. BHP offers the higher yield at 4.75%, CMCL has the higher dividend-safety score, and CMCL looks like the better value (its fair-value estimate is 15% above its share price).
Key facts: BHP vs CMCL
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, BHP Group Limited (BHP) has the higher forward dividend yield at 4.75%, versus 2.38% for Caledonia Mining Corporation Plc (CMCL).
- As of Oct 18, 2026, SmarterDividends grades BHP's dividend safety C (56/100) and CMCL's B (69/100).
- As of Oct 18, 2026, BHP pays out 69% of its earnings as dividends and CMCL pays out 16%.
- As of Oct 18, 2026, BHP's fair-value estimate is 18% below its share price and CMCL's fair-value estimate is 15% above its share price, so CMCL looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "BHP vs CMCL: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/bhp-vs-cmcl
| Metric | BHP | CMCL |
|---|---|---|
| Forward yield | 4.75% | 2.38% |
| Annual dividend | $3.96 | $0.56 |
| Payout ratio | 69% | 16% |
| Years of growth | 0 yr | 0 yr |
| 5-yr dividend growth | -1.4% | 10.8% |
| 5-yr total return | 66% | 87% |
| Dividend safety score | 56 (C) | 69 (B) |
| Fair value estimate | $68.44 | $27.13 |
| Upside to fair value | -18% | +15% |
| Frequency | semiannual | semiannual |
| Market cap | $211.7B | $455.1M |
| P/E ratio | 21.6 | 6.7 |
Higher yield
BHP
4.75%
Safer dividend
CMCL
Grade B
Faster growth
CMCL
10.8%
Better value
CMCL
+15% upside
BHP vs CMCL — FAQ
Is BHP or CMCL a better dividend stock?
On the data, CMCL wins more head-to-head categories (5 vs 2). BHP offers the higher yield (4.75%), while CMCL has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, BHP or CMCL?
BHP has the higher forward dividend yield at 4.75%, versus 2.38% for CMCL.
Is BHP or CMCL safer?
CMCL has the higher dividend-safety score (69/100 vs 56/100), reflecting stronger payout coverage and dividend-growth history.
Is BHP or CMCL better value right now?
As of Oct 18, 2026, CMCL looks like the better value: its fair-value estimate is 15% above its share price (undervalued). For BHP, its fair-value estimate is 18% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.


