SmarterDividends

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

MetricBHPCMCL
Forward yield4.75%2.38%
Annual dividend$3.96$0.56
Payout ratio69%16%
Years of growth0 yr0 yr
5-yr dividend growth-1.4%10.8%
5-yr total return66%87%
Dividend safety score56 (C)69 (B)
Fair value estimate$68.44$27.13
Upside to fair value-18%+15%
Frequencysemiannualsemiannual
Market cap$211.7B$455.1M
P/E ratio21.66.7

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.

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.