BHP vs KALU: Which Is the Better Dividend Stock?
As of Oct 16, 2026, KALU (Kaiser Aluminum Corporation) screens as the stronger dividend stock, winning 5 of 7 head-to-head metrics. BHP offers the higher yield at 4.78%, KALU has the higher dividend-safety score, and KALU looks like the better value (its fair-value estimate is 26% above its share price).
Key facts: BHP vs KALU
Data as of · Source: SmarterDividends data
- As of Oct 16, 2026, BHP Group Limited (BHP) has the higher forward dividend yield at 4.78%, versus 2.08% for Kaiser Aluminum Corporation (KALU).
- As of Oct 16, 2026, SmarterDividends grades BHP's dividend safety C (56/100) and KALU's A (91/100).
- As of Oct 16, 2026, BHP pays out 69% of its earnings as dividends and KALU pays out 23%.
- As of Oct 16, 2026, BHP's fair-value estimate is 9% below its share price and KALU's fair-value estimate is 26% above its share price, so KALU looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "BHP vs KALU: Dividend Yield, Safety & Value Compared," updated Oct 16, 2026, https://smarterdividends.com/compare/bhp-vs-kalu
| Metric | BHP | KALU |
|---|---|---|
| Forward yield | 4.78% | 2.08% |
| Annual dividend | $1.72 | $3.08 |
| Payout ratio | 69% | 23% |
| Years of growth | 0 yr | 0 yr |
| 5-yr dividend growth | -1.4% | 2.8% |
| 5-yr total return | 66% | 65% |
| Dividend safety score | 56 (C) | 91 (A) |
| Fair value estimate | $75.47 | $186.93 |
| Upside to fair value | -9% | +26% |
| Frequency | semiannual | quarterly |
| Market cap | $210.7B | $2.4B |
| P/E ratio | 22.0 | 11.0 |
Higher yield
BHP
4.78%
Safer dividend
KALU
Grade A
Faster growth
KALU
2.8%
Better value
KALU
+26% upside
BHP vs KALU — FAQ
Is BHP or KALU a better dividend stock?
On the data, KALU wins more head-to-head categories (5 vs 2). BHP offers the higher yield (4.78%), while KALU 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 KALU?
BHP has the higher forward dividend yield at 4.78%, versus 2.08% for KALU.
Is BHP or KALU safer?
KALU has the higher dividend-safety score (91/100 vs 56/100), reflecting stronger payout coverage and dividend-growth history.
Is BHP or KALU better value right now?
As of Oct 16, 2026, KALU looks like the better value: its fair-value estimate is 26% above its share price (undervalued). For BHP, its fair-value estimate is 9% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.