BHP vs STLD: Which Is the Better Dividend Stock?
As of Nov 5, 2026, STLD (Steel Dynamics, Inc.) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. BHP offers the higher yield at 4.94%, STLD has the higher dividend-safety score, and STLD looks like the better value (its fair-value estimate is 19% above its share price).
Key facts: BHP vs STLD
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 0.88% for Steel Dynamics, Inc. (STLD).
- As of Nov 5, 2026, SmarterDividends grades BHP's dividend safety C (56/100) and STLD's A (86/100).
- By SmarterDividends' count as of Nov 5, 2026, BHP has raised its dividend for 0 consecutive years and STLD for 13.
- As of Nov 5, 2026, BHP pays out 69% of its earnings as dividends and STLD pays out 15%.
- As of Nov 5, 2026, BHP's fair-value estimate is 12% below its share price and STLD's fair-value estimate is 19% above its share price, so STLD looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "BHP vs STLD: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/bhp-vs-stld
| Metric | BHP | STLD |
|---|---|---|
| Forward yield | 4.94% | 0.88% |
| Annual dividend | $3.96 | $2.12 |
| Payout ratio | 69% | 15% |
| Years of growth | 0 yr | 13 yr |
| 5-yr dividend growth | -1.4% | 14.9% |
| 5-yr total return | 58% | 319% |
| Dividend safety score | 56 (C) | 86 (A) |
| Fair value estimate | $69.99 | $273.79 |
| Upside to fair value | -12% | +19% |
| Frequency | semiannual | quarterly |
| Market cap | $202.7B | $32.6B |
| P/E ratio | 20.7 | 16.9 |
Higher yield
BHP
4.94%
Safer dividend
STLD
Grade A
Faster growth
STLD
14.9%
Better value
STLD
+19% upside
BHP vs STLD — FAQ
Is BHP or STLD a better dividend stock?
On the data, STLD wins more head-to-head categories (6 vs 2). BHP offers the higher yield (4.94%), while STLD 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 STLD?
BHP has the higher forward dividend yield at 4.94%, versus 0.88% for STLD.
Is BHP or STLD safer?
STLD has the higher dividend-safety score (86/100 vs 56/100), reflecting stronger payout coverage and dividend-growth history.
Is BHP or STLD better value right now?
As of Nov 5, 2026, STLD looks like the better value: its fair-value estimate is 19% above its share price (undervalued). For BHP, its fair-value estimate is 12% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.