BHP vs OR: Which Is the Better Dividend Stock?
As of Oct 18, 2026, OR (OR Royalties Inc.) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. BHP offers the higher yield at 4.75%, OR has the higher dividend-safety score, and OR looks like the better value (its fair-value estimate is 11% above its share price).
Key facts: BHP vs OR
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, BHP Group Limited (BHP) has the higher forward dividend yield at 4.75%, versus 0.73% for OR Royalties Inc. (OR).
- As of Oct 18, 2026, SmarterDividends grades BHP's dividend safety C (56/100) and OR's B (79/100).
- By SmarterDividends' count as of Oct 18, 2026, BHP has raised its dividend for 0 consecutive years and OR for 3.
- As of Oct 18, 2026, BHP pays out 69% of its earnings as dividends and OR pays out 15%.
- As of Oct 18, 2026, BHP's fair-value estimate is 18% below its share price and OR's fair-value estimate is 11% above its share price, so OR looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "BHP vs OR: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/bhp-vs-or
| Metric | BHP | OR |
|---|---|---|
| Forward yield | 4.75% | 0.73% |
| Annual dividend | $3.96 | $0.26 |
| Payout ratio | 69% | 15% |
| Years of growth | 0 yr | 3 yr |
| 5-yr dividend growth | -1.4% | 6.1% |
| 5-yr total return | 66% | 191% |
| Dividend safety score | 56 (C) | 79 (B) |
| Fair value estimate | $68.44 | $39.45 |
| Upside to fair value | -18% | +11% |
| Frequency | semiannual | quarterly |
| Market cap | $211.7B | $6.7B |
| P/E ratio | 21.6 | 23.5 |
Higher yield
BHP
4.75%
Safer dividend
OR
Grade B
Faster growth
OR
6.1%
Better value
OR
+11% upside
BHP vs OR — FAQ
Is BHP or OR a better dividend stock?
On the data, OR wins more head-to-head categories (6 vs 2). BHP offers the higher yield (4.75%), while OR 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 OR?
BHP has the higher forward dividend yield at 4.75%, versus 0.73% for OR.
Is BHP or OR safer?
OR has the higher dividend-safety score (79/100 vs 56/100), reflecting stronger payout coverage and dividend-growth history.
Is BHP or OR better value right now?
As of Oct 18, 2026, OR looks like the better value: its fair-value estimate is 11% above its share price (fairly valued). For BHP, its fair-value estimate is 18% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.