BHPLF vs SQM: Which Is the Better Dividend Stock?
As of Oct 22, 2026, SQM (Sociedad Química y Minera de Chile S.A.) screens as the stronger dividend stock, winning 4 of 6 head-to-head metrics. BHPLF offers the higher yield at 4.25%, SQM has the higher dividend-safety score, and SQM looks like the better value (its fair-value estimate is 22% above its share price).
Key facts: BHPLF vs SQM
Data as of · Source: SmarterDividends data
- As of Oct 22, 2026, BHP Group Limited (BHPLF) has the higher forward dividend yield at 4.25%, versus 4.15% for Sociedad Química y Minera de Chile S.A. (SQM).
- As of Oct 22, 2026, SmarterDividends grades BHPLF's dividend safety C (52/100) and SQM's C (53/100).
- As of Oct 22, 2026, BHPLF pays out 69% of its earnings as dividends and SQM pays out 21%.
- As of Oct 22, 2026, BHPLF's fair-value estimate is 25% below its share price and SQM's fair-value estimate is 22% above its share price, so SQM looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "BHPLF vs SQM: Dividend Yield, Safety & Value Compared," updated Oct 22, 2026, https://smarterdividends.com/compare/bhplf-vs-sqm
| Metric | BHPLF | SQM |
|---|---|---|
| Forward yield | 4.25% | 4.15% |
| Annual dividend | $1.72 | $2.43 |
| Payout ratio | 69% | 21% |
| Years of growth | 0 yr | 0 yr |
| 5-yr dividend growth | -3.7% | — |
| 5-yr total return | 47% | -3% |
| Dividend safety score | 52 (C) | 53 (C) |
| Fair value estimate | $30.54 | $71.58 |
| Upside to fair value | -25% | +22% |
| Frequency | semiannual | semiannual |
| Market cap | $205.9B | $16.7B |
| P/E ratio | 21.0 | 12.0 |
Higher yield
BHPLF
4.25%
Safer dividend
SQM
Grade C
Faster growth
BHPLF
-3.7%
Better value
SQM
+22% upside
BHPLF vs SQM — FAQ
Is BHPLF or SQM a better dividend stock?
On the data, SQM wins more head-to-head categories (4 vs 2). BHPLF offers the higher yield (4.25%), while SQM 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 SQM?
BHPLF has the higher forward dividend yield at 4.25%, versus 4.15% for SQM.
Is BHPLF or SQM safer?
SQM has the higher dividend-safety score (53/100 vs 52/100), reflecting stronger payout coverage and dividend-growth history.
Is BHPLF or SQM better value right now?
As of Oct 22, 2026, SQM looks like the better value: its fair-value estimate is 22% above its share price (undervalued). For BHPLF, its fair-value estimate is 25% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.