5 Mining Stocks with the Highest Dividends

4. BHP Group (NYSE:BHP)

Dividend Yield: 3.09%

Number of Hedge Fund Holders: 31

BHP Group (NYSE:BHP) is one of the mining stocks with the highest dividends.

On June 18, BHP Group (NYSE:BHP) warned it is poised to book a $2.3 billion charge due to higher costs and additional labor hours at its Jansen Stage 2 potash project in Canada. Total investment in the project is now expected to reach $6.9 billion, up from $4.9 billion approved in 2023, with first production scheduled for the 2031 financial year.

It is the third time that the company has blown past its cost and time estimates for the two stages of the project. The spike in costs deals a significant setback in the company’s bid to diversify its copper and iron ore projects.  The company has been reshaping its business amid a shift to lower-carbon energy sources with investments in copper and potash. It’s part of an effort to reduce reliance on iron ore.

BHP Group (NYSE:BHP) is a leading global diversified natural resources and mining company. It extracts, processes, and markets essential commodities—such as iron ore, copper, metallurgical coal, nickel, and potash—that are fundamental to global infrastructure, everyday manufacturing, and the transition to clean energy.

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