SmarterDividends

AEG vs HSBC: Which Is the Better Dividend Stock?

As of Oct 18, 2026, AEG and HSBC are closely matched. AEG offers the higher yield at 5.83%, HSBC has the higher dividend-safety score, and AEG looks like the better value (its fair-value estimate is 48% above its share price).

Key facts: AEG vs HSBC

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Aegon Ltd. (AEG) has the higher forward dividend yield at 5.83%, versus 3.97% for HSBC Holdings plc (HSBC).
  • As of Oct 18, 2026, SmarterDividends grades AEG's dividend safety C (55/100) and HSBC's B (72/100).
  • By SmarterDividends' count as of Oct 18, 2026, AEG has raised its dividend for 5 consecutive years and HSBC for 0.
  • As of Oct 18, 2026, AEG pays out 62% of its earnings as dividends and HSBC pays out 54%.
  • As of Oct 18, 2026, AEG's fair-value estimate is 48% above its share price and HSBC's fair-value estimate is 44% above its share price, so AEG looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "AEG vs HSBC: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/aeg-vs-hsbc

MetricAEGHSBC
Forward yield5.83%3.97%
Annual dividend$0.49$3.75
Payout ratio62%54%
Years of growth5 yr0 yr
5-yr dividend growth25.4%-13.8%
5-yr total return89%242%
Dividend safety score55 (C)72 (B)
Fair value estimate$12.32$135.99
Upside to fair value+48%+44%
Frequencyannualquarterly
Market cap$12.3B$323.4B
P/E ratio12.113.5

Higher yield

AEG

5.83%

Safer dividend

HSBC

Grade B

Faster growth

AEG

25.4%

Better value

AEG

+48% upside

AEG vs HSBC — FAQ

Is AEG or HSBC a better dividend stock?

AEG and HSBC are closely matched. AEG has the higher yield; HSBC scores better on safety.

Which has a higher dividend yield, AEG or HSBC?

AEG has the higher forward dividend yield at 5.83%, versus 3.97% for HSBC.

Is AEG or HSBC safer?

HSBC has the higher dividend-safety score (72/100 vs 55/100), reflecting stronger payout coverage and dividend-growth history.

Is AEG or HSBC better value right now?

As of Oct 18, 2026, AEG looks like the better value: its fair-value estimate is 48% above its share price (undervalued). For HSBC, its fair-value estimate is 44% above its share price.

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