SmarterDividends

SCCO vs WPM: Which Is the Better Dividend Stock?

As of Nov 5, 2026, SCCO and WPM are closely matched. SCCO offers the higher yield at 2.94%, 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: SCCO vs WPM

Data as of · Source: SmarterDividends data

  • As of Nov 5, 2026, Southern Copper Corporation (SCCO) has the higher forward dividend yield at 2.94%, versus 0.59% for Wheaton Precious Metals Corp. (WPM).
  • As of Nov 5, 2026, SmarterDividends grades SCCO's dividend safety C (59/100) and WPM's B (67/100).
  • By SmarterDividends' count as of Nov 5, 2026, SCCO has raised its dividend for 1 consecutive years and WPM for 2.
  • As of Nov 5, 2026, SCCO pays out 52% of its earnings as dividends and WPM pays out 16%.
  • As of Nov 5, 2026, SCCO's fair-value estimate is 64% 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, "SCCO vs WPM: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/scco-vs-wpm

MetricSCCOWPM
Forward yield2.94%0.59%
Annual dividend$5.20$0.78
Payout ratio52%16%
Years of growth1 yr2 yr
5-yr dividend growth16.4%9.5%
5-yr total return225%179%
Dividend safety score59 (C)67 (B)
Fair value estimate$60.71$117.82
Upside to fair value-64%-11%
Frequencyquarterlyquarterly
Market cap$143.7B$59.9B
P/E ratio22.429.2

Higher yield

SCCO

2.94%

Safer dividend

WPM

Grade B

Faster growth

SCCO

16.4%

Better value

WPM

-11% upside

SCCO vs WPM — FAQ

Is SCCO or WPM a better dividend stock?

SCCO and WPM are closely matched. SCCO has the higher yield; WPM scores better on safety.

Which has a higher dividend yield, SCCO or WPM?

SCCO has the higher forward dividend yield at 2.94%, versus 0.59% for WPM.

Is SCCO or WPM safer?

WPM has the higher dividend-safety score (67/100 vs 59/100), reflecting stronger payout coverage and dividend-growth history.

Is SCCO 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 SCCO, its fair-value estimate is 64% below its share price.

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