SmarterDividends

BHP vs WDFC: Which Is the Better Dividend Stock?

As of Oct 16, 2026, WDFC (WD-40 Company) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. BHP offers the higher yield at 4.78%, WDFC has the higher dividend-safety score, and BHP looks like the better value (its fair-value estimate is 9% below its share price).

Key facts: BHP vs WDFC

Data as of · Source: SmarterDividends data

  • As of Oct 16, 2026, BHP Group Limited (BHP) has the higher forward dividend yield at 4.78%, versus 2.03% for WD-40 Company (WDFC).
  • As of Oct 16, 2026, SmarterDividends grades BHP's dividend safety C (56/100) and WDFC's A (84/100).
  • By SmarterDividends' count as of Oct 16, 2026, BHP has raised its dividend for 0 consecutive years and WDFC for 16.
  • As of Oct 16, 2026, BHP pays out 69% of its earnings as dividends and WDFC pays out 60%.
  • As of Oct 16, 2026, BHP's fair-value estimate is 9% below its share price and WDFC's fair-value estimate is 15% below its share price, so BHP looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "BHP vs WDFC: Dividend Yield, Safety & Value Compared," updated Oct 16, 2026, https://smarterdividends.com/compare/bhp-vs-wdfc

MetricBHPWDFC
Forward yield4.78%2.03%
Annual dividend$1.72$4.00
Payout ratio69%60%
Years of growth0 yr16 yr
5-yr dividend growth-1.4%7.0%
5-yr total return66%-11%
Dividend safety score56 (C)84 (A)
Fair value estimate$75.47$170.58
Upside to fair value-9%-15%
Frequencysemiannualquarterly
Market cap$210.7B$2.7B
P/E ratio22.030.6

Higher yield

BHP

4.78%

Safer dividend

WDFC

Grade A

Faster growth

WDFC

7.0%

Better value

BHP

-9% upside

BHP vs WDFC — FAQ

Is BHP or WDFC a better dividend stock?

On the data, WDFC wins more head-to-head categories (5 vs 3). BHP offers the higher yield (4.78%), while WDFC 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 WDFC?

BHP has the higher forward dividend yield at 4.78%, versus 2.03% for WDFC.

Is BHP or WDFC safer?

WDFC has the higher dividend-safety score (84/100 vs 56/100), reflecting stronger payout coverage and dividend-growth history.

Is BHP or WDFC better value right now?

As of Oct 16, 2026, BHP looks like the better value: its fair-value estimate is 9% below its share price (fairly valued). For WDFC, its fair-value estimate is 15% below its share price.

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