BHPLF vs WPM: Which Is the Better Dividend Stock?
As of Nov 5, 2026, WPM (Wheaton Precious Metals Corp.) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. BHPLF offers the higher yield at 4.31%, WPM has the higher dividend-safety score, and WPM looks like the better value (its fair-value estimate is 11% below its share price).
Key facts: BHPLF vs WPM
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 0.59% for Wheaton Precious Metals Corp. (WPM).
- As of Nov 5, 2026, SmarterDividends grades BHPLF's dividend safety C (52/100) and WPM's B (67/100).
- By SmarterDividends' count as of Nov 5, 2026, BHPLF has raised its dividend for 0 consecutive years and WPM for 2.
- As of Nov 5, 2026, BHPLF pays out 69% of its earnings as dividends and WPM pays out 16%.
- As of Nov 5, 2026, BHPLF's fair-value estimate is 22% below its share price and WPM's fair-value estimate is 11% below its share price, so WPM looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "BHPLF vs WPM: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/bhplf-vs-wpm
| Metric | BHPLF | WPM |
|---|---|---|
| Forward yield | 4.31% | 0.59% |
| Annual dividend | $1.72 | $0.78 |
| Payout ratio | 69% | 16% |
| Years of growth | 0 yr | 2 yr |
| 5-yr dividend growth | -3.7% | 9.5% |
| 5-yr total return | 43% | 179% |
| Dividend safety score | 52 (C) | 67 (B) |
| Fair value estimate | $31.13 | $117.82 |
| Upside to fair value | -22% | -11% |
| Frequency | semiannual | quarterly |
| Market cap | $202.4B | $59.9B |
| P/E ratio | 20.6 | 29.2 |
Higher yield
BHPLF
4.31%
Safer dividend
WPM
Grade B
Faster growth
WPM
9.5%
Better value
WPM
-11% upside
BHPLF vs WPM — FAQ
Is BHPLF or WPM a better dividend stock?
On the data, WPM wins more head-to-head categories (6 vs 2). BHPLF offers the higher yield (4.31%), while WPM 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 WPM?
BHPLF has the higher forward dividend yield at 4.31%, versus 0.59% for WPM.
Is BHPLF or WPM safer?
WPM has the higher dividend-safety score (67/100 vs 52/100), reflecting stronger payout coverage and dividend-growth history.
Is BHPLF or WPM better value right now?
As of Nov 5, 2026, WPM looks like the better value: its fair-value estimate is 11% below its share price (fairly valued). For BHPLF, its fair-value estimate is 22% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.