SmarterDividends

BHP vs MSB: Which Is the Better Dividend Stock?

As of Oct 27, 2026, BHP (BHP Group Limited) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. BHP offers the higher yield at 5.00%, MSB has the higher dividend-safety score, and MSB looks like the better value (its fair-value estimate is 9% above its share price).

Key facts: BHP vs MSB

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 4.93% for Mesabi Trust (MSB).
  • As of Oct 27, 2026, SmarterDividends grades BHP's dividend safety C (56/100) and MSB's C (57/100).
  • As of Oct 27, 2026, BHP pays out 69% of its earnings as dividends and MSB pays out 180%.
  • As of Oct 27, 2026, BHP's fair-value estimate is 12% below its share price and MSB's fair-value estimate is 9% above its share price, so MSB looks like the better value of the two on SmarterDividends' blended model.
Cite this page

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

MetricBHPMSB
Forward yield5.00%4.93%
Annual dividend$3.96$0.89
Payout ratio69%180%
Years of growth0 yr1 yr
5-yr dividend growth-1.4%-4.0%
5-yr total return55%-23%
Dividend safety score56 (C)57 (C)
Fair value estimate$69.31$19.75
Upside to fair value-12%+9%
Frequencysemiannualquarterly
Market cap$201.1B$237.1M
P/E ratio20.536.9

Higher yield

BHP

5.00%

Safer dividend

MSB

Grade C

Faster growth

BHP

-1.4%

Better value

MSB

+9% upside

BHP vs MSB — FAQ

Is BHP or MSB a better dividend stock?

On the data, BHP wins more head-to-head categories (5 vs 3). BHP offers the higher yield (5.00%), while MSB 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 MSB?

BHP has the higher forward dividend yield at 5.00%, versus 4.93% for MSB.

Is BHP or MSB safer?

MSB has the higher dividend-safety score (57/100 vs 56/100), reflecting stronger payout coverage and dividend-growth history.

Is BHP or MSB better value right now?

As of Oct 27, 2026, MSB looks like the better value: its fair-value estimate is 9% above its share price (fairly valued). 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.