SmarterDividends

BBVA vs HSBC: Which Is the Better Dividend Stock?

As of Nov 5, 2026, BBVA (Banco Bilbao Vizcaya Argentaria, S.A.) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. BBVA offers the higher yield at 4.42%, HSBC has the higher dividend-safety score, and BBVA looks like the better value (its fair-value estimate is 66% above its share price).

Key facts: BBVA vs HSBC

Data as of · Source: SmarterDividends data

  • As of Nov 5, 2026, Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) has the higher forward dividend yield at 4.42%, versus 2.24% for HSBC Holdings plc (HSBC).
  • As of Nov 5, 2026, SmarterDividends grades BBVA's dividend safety C (61/100) and HSBC's B (68/100).
  • By SmarterDividends' count as of Nov 5, 2026, BBVA has raised its dividend for 4 consecutive years and HSBC for 0.
  • As of Nov 5, 2026, BBVA pays out 48% of its earnings as dividends and HSBC pays out 54%.
  • As of Nov 5, 2026, BBVA's fair-value estimate is 66% above its share price and HSBC's fair-value estimate is 65% above its share price, so BBVA looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "BBVA vs HSBC: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/bbva-vs-hsbc

MetricBBVAHSBC
Forward yield4.42%2.24%
Annual dividend$1.13$2.00
Payout ratio48%54%
Years of growth4 yr0 yr
5-yr dividend growth19.0%-13.8%
5-yr total return342%209%
Dividend safety score61 (C)68 (B)
Fair value estimate$42.36$145.65
Upside to fair value+66%+65%
Frequencysemiannualquarterly
Market cap$140.6B$301.5B
P/E ratio11.211.5

Higher yield

BBVA

4.42%

Safer dividend

HSBC

Grade B

Faster growth

BBVA

19.0%

Better value

BBVA

+66% upside

BBVA vs HSBC — FAQ

Is BBVA or HSBC a better dividend stock?

On the data, BBVA wins more head-to-head categories (6 vs 2). BBVA offers the higher yield (4.42%), 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, BBVA or HSBC?

BBVA has the higher forward dividend yield at 4.42%, versus 2.24% for HSBC.

Is BBVA or HSBC safer?

HSBC has the higher dividend-safety score (68/100 vs 61/100), reflecting stronger payout coverage and dividend-growth history.

Is BBVA or HSBC better value right now?

As of Nov 5, 2026, BBVA looks like the better value: its fair-value estimate is 66% above its share price (undervalued). For HSBC, its fair-value estimate is 65% above its share price.

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