SmarterDividends

BHP vs ICL: Which Is the Better Dividend Stock?

As of Oct 27, 2026, BHP (BHP Group Limited) screens as the stronger dividend stock, winning 5 of 7 head-to-head metrics. BHP offers the higher yield at 5.00%, BHP has the higher dividend-safety score, and ICL looks like the better value (its fair-value estimate is 38% above its share price).

Key facts: BHP vs ICL

Data as of · Source: SmarterDividends data

  • As of Oct 27, 2026, BHP Group Limited (BHP) has the higher forward dividend yield at 5.00%, versus 4.29% for ICL Group Ltd (ICL).
  • As of Oct 27, 2026, SmarterDividends grades BHP's dividend safety C (56/100) and ICL's C (54/100).
  • As of Oct 27, 2026, BHP pays out 69% of its earnings as dividends and ICL pays out 79%.
  • As of Oct 27, 2026, BHP's fair-value estimate is 12% below its share price and ICL's fair-value estimate is 38% above its share price, so ICL looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "BHP vs ICL: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/bhp-vs-icl

MetricBHPICL
Forward yield5.00%4.29%
Annual dividend$3.96$0.21
Payout ratio69%79%
Years of growth0 yr0 yr
5-yr dividend growth-1.4%12.5%
5-yr total return55%-45%
Dividend safety score56 (C)54 (C)
Fair value estimate$69.31$6.60
Upside to fair value-12%+38%
Frequencysemiannualquarterly
Market cap$201.1B$6.2B
P/E ratio20.520.0

Higher yield

BHP

5.00%

Safer dividend

BHP

Grade C

Faster growth

ICL

12.5%

Better value

ICL

+38% upside

BHP vs ICL — FAQ

Is BHP or ICL a better dividend stock?

On the data, BHP wins more head-to-head categories (5 vs 2). BHP offers the higher yield (5.00%), 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 ICL?

BHP has the higher forward dividend yield at 5.00%, versus 4.29% for ICL.

Is BHP or ICL safer?

BHP has the higher dividend-safety score (56/100 vs 54/100), reflecting stronger payout coverage and dividend-growth history.

Is BHP or ICL better value right now?

As of Oct 27, 2026, ICL looks like the better value: its fair-value estimate is 38% above its share price (undervalued). For BHP, its fair-value estimate is 12% below its share price.

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