5 Commodity Dividend Stocks With Over 4% Yield

3. BHP Group Limited (NYSE:BHP)

Dividend Yield as of March 21: 10.17%

Number of Hedge Fund Holders: 21

BHP Group Limited (NYSE:BHP) is the biggest mining company in the world having a market cap of $255 billion as of March 22. The Australian miner offers a high dividend yield of 10.17% which draws more income investors. BHP Group Limited (NYSE:BHP) earned $9.4 billion in net income in the second half of 2021, allowing the mining company to declare a record interim dividend of $7.6 billion to shareholders in February.

The Australian miner produces iron ore, copper, nickel, and metallurgical coal in more than 90 locations around the world. In its Q4 earnings report, BHP Group Limited (NYSE:BHP) announced a $6.5 billion capital and exploration expenditure for full-year 2022. Recently, HSBC analyst Shilan Modi highlighted the miner’s operational improvements over the past five years and initiated a Hold rating for BHP Group Limited (NYSE:BHP). At the end of the fourth quarter of 2021, 21 funds had stakes in BHP Group Limited (NYSE:BHP), up from 18 at the end of the third quarter.