SmarterDividends

BHP vs EQX: Which Is the Better Dividend Stock?

As of Oct 18, 2026, BHP (BHP Group Limited) screens as the stronger dividend stock, winning 3 of 5 head-to-head metrics. BHP offers the higher yield at 4.75%, BHP has the higher dividend-safety score, and EQX looks like the better value (its fair-value estimate is 12% above its share price).

Key facts: BHP vs EQX

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 0.47% for Equinox Gold Corp. (EQX).
  • As of Oct 18, 2026, BHP pays out 69% of its earnings as dividends and EQX pays out 6%.
  • As of Oct 18, 2026, BHP's fair-value estimate is 18% below its share price and EQX's fair-value estimate is 12% above its share price, so EQX looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "BHP vs EQX: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/bhp-vs-eqx

MetricBHPEQX
Forward yield4.75%0.47%
Annual dividend$3.96$0.05
Payout ratio69%6%
Years of growth0 yr0 yr
5-yr dividend growth-1.4%—
5-yr total return66%57%
Dividend safety score56 (C)—
Fair value estimate$68.44$12.54
Upside to fair value-18%+12%
Frequencysemiannualquarterly
Market cap$211.7B$13.0B
P/E ratio21.623.2

Higher yield

BHP

4.75%

Safer dividend

BHP

Grade C

Faster growth

BHP

-1.4%

Better value

EQX

+12% upside

BHP vs EQX — FAQ

Is BHP or EQX a better dividend stock?

On the data, BHP wins more head-to-head categories (3 vs 2). BHP offers the higher yield (4.75%), while BHP 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 EQX?

BHP has the higher forward dividend yield at 4.75%, versus 0.47% for EQX.

Is BHP or EQX safer?

Compare each stock's payout ratio, growth streak and cut history on its detail page to judge safety.

Is BHP or EQX better value right now?

As of Oct 18, 2026, EQX looks like the better value: its fair-value estimate is 12% above its share price (fairly valued). 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.