SmarterDividends

BHP vs PAAS: Which Is the Better Dividend Stock?

As of Oct 25, 2026, PAAS (Pan American Silver Corp.) screens as the stronger dividend stock, winning 5 of 7 head-to-head metrics. BHP offers the higher yield at 5.09%, PAAS has the higher dividend-safety score, and PAAS looks like the better value (its fair-value estimate is 17% above its share price).

Key facts: BHP vs PAAS

Data as of · Source: SmarterDividends data

  • As of Oct 25, 2026, BHP Group Limited (BHP) has the higher forward dividend yield at 5.09%, versus 1.83% for Pan American Silver Corp. (PAAS).
  • As of Oct 25, 2026, SmarterDividends grades BHP's dividend safety C (56/100) and PAAS's C (61/100).
  • As of Oct 25, 2026, BHP pays out 69% of its earnings as dividends and PAAS pays out 18%.
  • As of Oct 25, 2026, BHP's fair-value estimate is 11% below its share price and PAAS's fair-value estimate is 17% above its share price, so PAAS looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "BHP vs PAAS: Dividend Yield, Safety & Value Compared," updated Oct 25, 2026, https://smarterdividends.com/compare/bhp-vs-paas

MetricBHPPAAS
Forward yield5.09%1.83%
Annual dividend$3.96$0.74
Payout ratio69%18%
Years of growth0 yr0 yr
5-yr dividend growth-1.4%12.7%
5-yr total return55%57%
Dividend safety score56 (C)61 (C)
Fair value estimate$69.31$47.12
Upside to fair value-11%+17%
Frequencysemiannualquarterly
Market cap$197.9B$16.6B
P/E ratio20.211.9

Higher yield

BHP

5.09%

Safer dividend

PAAS

Grade C

Faster growth

PAAS

12.7%

Better value

PAAS

+17% upside

BHP vs PAAS — FAQ

Is BHP or PAAS a better dividend stock?

On the data, PAAS wins more head-to-head categories (5 vs 2). BHP offers the higher yield (5.09%), while PAAS 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 PAAS?

BHP has the higher forward dividend yield at 5.09%, versus 1.83% for PAAS.

Is BHP or PAAS safer?

PAAS has the higher dividend-safety score (61/100 vs 56/100), reflecting stronger payout coverage and dividend-growth history.

Is BHP or PAAS better value right now?

As of Oct 25, 2026, PAAS looks like the better value: its fair-value estimate is 17% above its share price (undervalued). For BHP, its fair-value estimate is 11% below its share price.

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.