BHP vs MT: Which Is the Better Dividend Stock?
As of Nov 5, 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 4.94%, MT has the higher dividend-safety score, and BHP looks like the better value (its fair-value estimate is 12% below its share price).
Key facts: BHP vs MT
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, BHP Group Limited (BHP) has the higher forward dividend yield at 4.94%, versus 0.96% for ArcelorMittal S.A. (MT).
- As of Nov 5, 2026, SmarterDividends grades BHP's dividend safety C (56/100) and MT's C (60/100).
- By SmarterDividends' count as of Nov 5, 2026, BHP has raised its dividend for 0 consecutive years and MT for 2.
- As of Nov 5, 2026, BHP pays out 69% of its earnings as dividends and MT pays out 24%.
- As of Nov 5, 2026, BHP's fair-value estimate is 12% below its share price and MT's fair-value estimate is 44% below its share price, so BHP looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "BHP vs MT: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/bhp-vs-mt
| Metric | BHP | MT |
|---|---|---|
| Forward yield | 4.94% | 0.96% |
| 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 | 58% | 123% |
| Dividend safety score | 56 (C) | 60 (C) |
| Fair value estimate | $69.99 | $33.90 |
| Upside to fair value | -12% | -44% |
| Frequency | semiannual | quarterly |
| Market cap | $202.7B | $45.8B |
| P/E ratio | 20.7 | 25.7 |
Higher yield
BHP
4.94%
Safer dividend
MT
Grade C
Faster growth
BHP
-1.4%
Better value
BHP
-12% upside
BHP vs MT — FAQ
Is BHP or MT a better dividend stock?
On the data, MT wins more head-to-head categories (4 vs 3). BHP offers the higher yield (4.94%), while MT 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 MT?
BHP has the higher forward dividend yield at 4.94%, versus 0.96% for MT.
Is BHP or MT safer?
MT has the higher dividend-safety score (60/100 vs 56/100), reflecting stronger payout coverage and dividend-growth history.
Is BHP or MT better value right now?
As of Nov 5, 2026, BHP looks like the better value: its fair-value estimate is 12% below its share price (fairly valued). For MT, its fair-value estimate is 44% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.