BHP vs PAAS: Which Is the Better Dividend Stock?
As of September 2026, PAAS (Pan American Silver Corp.) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. BHP offers the higher yield at 4.38%, PAAS has the higher dividend-safety score, and BHP trades at the larger discount to fair value (-17%).
| Metric | BHP | PAAS |
|---|---|---|
| Forward yield | 4.38% | 1.43% |
| Annual dividend | $3.96 | $0.74 |
| Payout ratio | 69% | 18% |
| Years of growth | 0 yr | 0 yr |
| 5-yr dividend growth | -1.4% | 12.7% |
| 5-yr total return | 89% | 121% |
| Dividend safety score | 56 (C) | 61 (C) |
| Fair value estimate | $75.06 | $33.15 |
| Upside to fair value | -17% | -35% |
| Frequency | semiannual | quarterly |
| Market cap | $229.8B | $21.3B |
| P/E ratio | 23.4 | 15.2 |
Higher yield
BHP
4.38%
Safer dividend
PAAS
Grade C
Faster growth
PAAS
12.7%
Better value
BHP
-17% upside
BHP vs PAAS — FAQ
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