BHP vs RGLD: Which Is the Better Dividend Stock?
As of Nov 5, 2026, RGLD (Royal Gold, Inc.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. BHP offers the higher yield at 4.94%, RGLD 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 RGLD
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 0.77% for Royal Gold, Inc. (RGLD).
- As of Nov 5, 2026, SmarterDividends grades BHP's dividend safety C (56/100) and RGLD's A (97/100).
- By SmarterDividends' count as of Nov 5, 2026, BHP has raised its dividend for 0 consecutive years and RGLD for 21.
- As of Nov 5, 2026, BHP pays out 69% of its earnings as dividends and RGLD pays out 21%.
- As of Nov 5, 2026, BHP's fair-value estimate is 12% below its share price and RGLD's fair-value estimate is 52% below its share price, so BHP looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "BHP vs RGLD: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/bhp-vs-rgld
| Metric | BHP | RGLD |
|---|---|---|
| Forward yield | 4.94% | 0.77% |
| Annual dividend | $3.96 | $1.90 |
| Payout ratio | 69% | 21% |
| Years of growth | 0 yr | 21 yr |
| 5-yr dividend growth | -1.4% | 10.0% |
| 5-yr total return | 58% | 129% |
| Dividend safety score | 56 (C) | 97 (A) |
| Fair value estimate | $69.99 | $121.54 |
| Upside to fair value | -12% | -52% |
| Frequency | semiannual | quarterly |
| Market cap | $202.7B | $21.5B |
| P/E ratio | 20.7 | 28.1 |
Higher yield
BHP
4.94%
Safer dividend
RGLD
Grade A
Faster growth
RGLD
10.0%
Better value
BHP
-12% upside
BHP vs RGLD — FAQ
Is BHP or RGLD a better dividend stock?
On the data, RGLD wins more head-to-head categories (5 vs 3). BHP offers the higher yield (4.94%), while RGLD 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 RGLD?
BHP has the higher forward dividend yield at 4.94%, versus 0.77% for RGLD.
Is BHP or RGLD safer?
RGLD has the higher dividend-safety score (97/100 vs 56/100), reflecting stronger payout coverage and dividend-growth history.
Is BHP or RGLD 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 RGLD, its fair-value estimate is 52% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.