EQX vs RIO: Which Is the Better Dividend Stock?
As of September 2026, EQX (Equinox Gold Corp.) screens as the stronger dividend stock, winning 3 of 5 head-to-head metrics. RIO offers the higher yield at 4.50%, RIO has the higher dividend-safety score, and EQX trades at the larger discount to fair value (+79%).
| Metric | EQX | RIO |
|---|---|---|
| Forward yield | 0.41% | 4.50% |
| Annual dividend | $0.05 | $4.65 |
| Payout ratio | 5% | 54% |
| Years of growth | 0 yr | 0 yr |
| 5-yr dividend growth | — | -0.7% |
| 5-yr total return | 94% | 55% |
| Dividend safety score | — | 63 (C) |
| Fair value estimate | $22.94 | $69.45 |
| Upside to fair value | +79% | -33% |
| Frequency | quarterly | semiannual |
| Market cap | $15.0B | $168.0B |
| P/E ratio | 19.7 | 14.0 |
Higher yield
RIO
4.50%
Safer dividend
RIO
Grade C
Faster growth
RIO
-0.7%
Better value
EQX
+79% upside
EQX vs RIO — FAQ
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