BHP vs TFPM: Which Is the Better Dividend Stock?
As of Oct 18, 2026, TFPM (Triple Flag Precious Metals Corp.) screens as the stronger dividend stock, winning 4 of 6 head-to-head metrics. BHP offers the higher yield at 4.75%, TFPM has the higher dividend-safety score, and TFPM looks like the better value (its fair-value estimate is 7% below its share price).
Key facts: BHP vs TFPM
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, BHP Group Limited (BHP) has the higher forward dividend yield at 4.75%, versus 0.78% for Triple Flag Precious Metals Corp. (TFPM).
- As of Oct 18, 2026, SmarterDividends grades BHP's dividend safety C (56/100) and TFPM's A (80/100).
- By SmarterDividends' count as of Oct 18, 2026, BHP has raised its dividend for 0 consecutive years and TFPM for 3.
- As of Oct 18, 2026, BHP pays out 69% of its earnings as dividends and TFPM pays out 12%.
- As of Oct 18, 2026, BHP's fair-value estimate is 18% below its share price and TFPM's fair-value estimate is 7% below its share price, so TFPM looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "BHP vs TFPM: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/bhp-vs-tfpm
| Metric | BHP | TFPM |
|---|---|---|
| Forward yield | 4.75% | 0.78% |
| Annual dividend | $3.96 | $0.24 |
| Payout ratio | 69% | 12% |
| Years of growth | 0 yr | 3 yr |
| 5-yr dividend growth | -1.4% | — |
| 5-yr total return | 66% | — |
| Dividend safety score | 56 (C) | 80 (A) |
| Fair value estimate | $68.44 | $28.46 |
| Upside to fair value | -18% | -7% |
| Frequency | semiannual | quarterly |
| Market cap | $211.7B | $6.3B |
| P/E ratio | 21.6 | 15.4 |
Higher yield
BHP
4.75%
Safer dividend
TFPM
Grade A
Faster growth
BHP
-1.4%
Better value
TFPM
-7% upside
BHP vs TFPM — FAQ
Is BHP or TFPM a better dividend stock?
On the data, TFPM wins more head-to-head categories (4 vs 2). BHP offers the higher yield (4.75%), while TFPM 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 TFPM?
BHP has the higher forward dividend yield at 4.75%, versus 0.78% for TFPM.
Is BHP or TFPM safer?
TFPM has the higher dividend-safety score (80/100 vs 56/100), reflecting stronger payout coverage and dividend-growth history.
Is BHP or TFPM better value right now?
As of Oct 18, 2026, TFPM looks like the better value: its fair-value estimate is 7% below its share price (fairly valued). For BHP, its fair-value estimate is 18% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.