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
| Metric | AEG | HSBC |
|---|---|---|
| Forward yield | 5.83% | 3.97% |
| Annual dividend | $0.49 | $3.75 |
| Payout ratio | 62% | 54% |
| Years of growth | 5 yr | 0 yr |
| 5-yr dividend growth | 25.4% | -13.8% |
| 5-yr total return | 89% | 242% |
| Dividend safety score | 55 (C) | 72 (B) |
| Fair value estimate | $12.32 | $135.99 |
| Upside to fair value | +48% | +44% |
| Frequency | annual | quarterly |
| Market cap | $12.3B | $323.4B |
| P/E ratio | 12.1 | 13.5 |
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.
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.


