SmarterDividends

ASA vs HSBC: Which Is the Better Dividend Stock?

As of Oct 18, 2026, HSBC (HSBC Holdings plc) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. HSBC offers the higher yield at 3.97%, HSBC has the higher dividend-safety score.

Key facts: ASA vs HSBC

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, HSBC Holdings plc (HSBC) has the higher forward dividend yield at 3.97%, versus 0.15% for ASA Gold and Precious Metals Limited (ASA).
  • As of Oct 18, 2026, SmarterDividends grades ASA's dividend safety B (71/100) and HSBC's B (72/100).
  • By SmarterDividends' count as of Oct 18, 2026, ASA has raised its dividend for 2 consecutive years and HSBC for 0.
  • As of Oct 18, 2026, ASA pays out 0% of its earnings as dividends and HSBC pays out 54%.
Cite this page

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

MetricASAHSBC
Forward yield0.15%3.97%
Annual dividend$0.08$3.75
Payout ratio0%54%
Years of growth2 yr0 yr
5-yr dividend growth24.6%-13.8%
5-yr total return153%242%
Dividend safety score71 (B)72 (B)
Fair value estimate—$135.99
Upside to fair value—+44%
Frequencysemiannualquarterly
Market cap$961.9M$323.4B
P/E ratio1.413.5

Higher yield

HSBC

3.97%

Safer dividend

HSBC

Grade B

Faster growth

ASA

24.6%

ASA vs HSBC — FAQ

Is ASA or HSBC a better dividend stock?

On the data, HSBC wins more head-to-head categories (4 vs 3). HSBC offers the higher yield (3.97%), while HSBC has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.

Which has a higher dividend yield, ASA or HSBC?

HSBC has the higher forward dividend yield at 3.97%, versus 0.15% for ASA.

Is ASA or HSBC safer?

HSBC has the higher dividend-safety score (72/100 vs 71/100), reflecting stronger payout coverage and dividend-growth history.

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