BHP vs MT: Which Is the Better Dividend Stock?
As of September 2026, MT (ArcelorMittal S.A.) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. BHP offers the higher yield at 4.59%, MT has the higher dividend-safety score, and BHP trades at the larger discount to fair value (-18%).
| Metric | BHP | MT |
|---|---|---|
| Forward yield | 4.59% | 0.83% |
| Annual dividend | $3.96 | $0.60 |
| Payout ratio | 69% | 24% |
| Years of growth | 0 yr | 2 yr |
| 5-yr dividend growth | -1.4% | — |
| 5-yr total return | 76% | 112% |
| Dividend safety score | 56 (C) | 60 (C) |
| Fair value estimate | $70.88 | $45.91 |
| Upside to fair value | -18% | -37% |
| Frequency | semiannual | quarterly |
| Market cap | $219.3B | $54.6B |
| P/E ratio | 22.3 | 30.5 |
Higher yield
BHP
4.59%
Safer dividend
MT
Grade C
Faster growth
BHP
-1.4%
Better value
BHP
-18% upside
BHP vs MT — FAQ
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