BHPLF vs MLM: Which Is the Better Dividend Stock?
As of Nov 5, 2026, MLM (Martin Marietta Materials, Inc.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. BHPLF offers the higher yield at 4.31%, MLM has the higher dividend-safety score, and BHPLF looks like the better value (its fair-value estimate is 22% below its share price).
Key facts: BHPLF vs MLM
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, BHP Group Limited (BHPLF) has the higher forward dividend yield at 4.31%, versus 0.60% for Martin Marietta Materials, Inc. (MLM).
- As of Nov 5, 2026, SmarterDividends grades BHPLF's dividend safety C (52/100) and MLM's A (97/100).
- By SmarterDividends' count as of Nov 5, 2026, BHPLF has raised its dividend for 0 consecutive years and MLM for 10.
- As of Nov 5, 2026, BHPLF pays out 69% of its earnings as dividends and MLM pays out 25%.
- As of Nov 5, 2026, BHPLF's fair-value estimate is 22% below its share price and MLM's fair-value estimate is 50% below its share price, so BHPLF looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "BHPLF vs MLM: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/bhplf-vs-mlm
| Metric | BHPLF | MLM |
|---|---|---|
| Forward yield | 4.31% | 0.60% |
| Annual dividend | $1.72 | $3.36 |
| Payout ratio | 69% | 25% |
| Years of growth | 0 yr | 10 yr |
| 5-yr dividend growth | -3.7% | 7.7% |
| 5-yr total return | 43% | 34% |
| Dividend safety score | 52 (C) | 97 (A) |
| Fair value estimate | $31.13 | $264.76 |
| Upside to fair value | -22% | -50% |
| Frequency | semiannual | quarterly |
| Market cap | $202.4B | $37.7B |
| P/E ratio | 20.6 | 39.6 |
Higher yield
BHPLF
4.31%
Safer dividend
MLM
Grade A
Faster growth
MLM
7.7%
Better value
BHPLF
-22% upside
BHPLF vs MLM — FAQ
Is BHPLF or MLM a better dividend stock?
On the data, MLM wins more head-to-head categories (5 vs 3). BHPLF offers the higher yield (4.31%), while MLM has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, BHPLF or MLM?
BHPLF has the higher forward dividend yield at 4.31%, versus 0.60% for MLM.
Is BHPLF or MLM safer?
MLM has the higher dividend-safety score (97/100 vs 52/100), reflecting stronger payout coverage and dividend-growth history.
Is BHPLF or MLM better value right now?
As of Nov 5, 2026, BHPLF looks like the better value: its fair-value estimate is 22% below its share price (overvalued). For MLM, its fair-value estimate is 50% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.