BHP vs SMG: Which Is the Better Dividend Stock?
As of Oct 27, 2026, BHP (BHP Group Limited) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. BHP offers the higher yield at 5.00%, SMG has the higher dividend-safety score, and SMG looks like the better value (its fair-value estimate is 4% below its share price).
Key facts: BHP vs SMG
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, BHP Group Limited (BHP) has the higher forward dividend yield at 5.00%, versus 4.49% for The Scotts Miracle-Gro Company (SMG).
- As of Oct 27, 2026, SmarterDividends grades BHP's dividend safety C (56/100) and SMG's A (80/100).
- As of Oct 27, 2026, BHP pays out 69% of its earnings as dividends and SMG pays out 102%.
- As of Oct 27, 2026, BHP's fair-value estimate is 12% below its share price and SMG's fair-value estimate is 4% below its share price, so SMG looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "BHP vs SMG: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/bhp-vs-smg
| Metric | BHP | SMG |
|---|---|---|
| Forward yield | 5.00% | 4.49% |
| Annual dividend | $3.96 | $2.64 |
| Payout ratio | 69% | 102% |
| Years of growth | 0 yr | 0 yr |
| 5-yr dividend growth | -1.4% | 2.2% |
| 5-yr total return | 55% | -59% |
| Dividend safety score | 56 (C) | 80 (A) |
| Fair value estimate | $69.31 | $56.70 |
| Upside to fair value | -12% | -4% |
| Frequency | semiannual | quarterly |
| Market cap | $201.1B | $3.4B |
| P/E ratio | 20.5 | 21.0 |
Higher yield
BHP
5.00%
Safer dividend
SMG
Grade A
Faster growth
SMG
2.2%
Better value
SMG
-4% upside
BHP vs SMG — FAQ
Is BHP or SMG a better dividend stock?
On the data, BHP wins more head-to-head categories (4 vs 3). BHP offers the higher yield (5.00%), while SMG 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 SMG?
BHP has the higher forward dividend yield at 5.00%, versus 4.49% for SMG.
Is BHP or SMG safer?
SMG has the higher dividend-safety score (80/100 vs 56/100), reflecting stronger payout coverage and dividend-growth history.
Is BHP or SMG better value right now?
As of Oct 27, 2026, SMG looks like the better value: its fair-value estimate is 4% below its share price (fairly valued). For BHP, its fair-value estimate is 12% below its share price.
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.
