SmarterDividends

BHPLF vs RIO: Which Is the Better Dividend Stock?

As of Nov 5, 2026, RIO (Rio Tinto Group) screens as the stronger dividend stock, winning 6 of 7 head-to-head metrics. RIO offers the higher yield at 5.50%, RIO has the higher dividend-safety score, and RIO looks like the better value (its fair-value estimate is 19% below its share price).

Key facts: BHPLF vs RIO

Data as of · Source: SmarterDividends data

  • As of Nov 5, 2026, Rio Tinto Group (RIO) has the higher forward dividend yield at 5.50%, versus 4.31% for BHP Group Limited (BHPLF).
  • As of Nov 5, 2026, SmarterDividends grades BHPLF's dividend safety C (52/100) and RIO's C (63/100).
  • As of Nov 5, 2026, BHPLF pays out 69% of its earnings as dividends and RIO pays out 54%.
  • As of Nov 5, 2026, BHPLF's fair-value estimate is 22% below its share price and RIO's fair-value estimate is 19% below its share price, so RIO looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "BHPLF vs RIO: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/bhplf-vs-rio

MetricBHPLFRIO
Forward yield4.31%5.50%
Annual dividend$1.72$4.65
Payout ratio69%54%
Years of growth0 yr0 yr
5-yr dividend growth-3.7%-0.7%
5-yr total return43%31%
Dividend safety score52 (C)63 (C)
Fair value estimate$31.13$68.37
Upside to fair value-22%-19%
Frequencysemiannualsemiannual
Market cap$202.4B$137.5B
P/E ratio20.611.5

Higher yield

RIO

5.50%

Safer dividend

RIO

Grade C

Faster growth

RIO

-0.7%

Better value

RIO

-19% upside

BHPLF vs RIO — FAQ

Is BHPLF or RIO a better dividend stock?

On the data, RIO wins more head-to-head categories (6 vs 1). RIO offers the higher yield (5.50%), while RIO 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 RIO?

RIO has the higher forward dividend yield at 5.50%, versus 4.31% for BHPLF.

Is BHPLF or RIO safer?

RIO has the higher dividend-safety score (63/100 vs 52/100), reflecting stronger payout coverage and dividend-growth history.

Is BHPLF or RIO better value right now?

As of Nov 5, 2026, RIO looks like the better value: its fair-value estimate is 19% below its share price (overvalued). For BHPLF, its fair-value estimate is 22% below its share price.

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