BCDRF vs HSBC: Which Is the Better Dividend Stock?
As of Nov 5, 2026, BCDRF (Banco Santander, S.A.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. BCDRF offers the higher yield at 2.38%, HSBC has the higher dividend-safety score, and HSBC looks like the better value (its fair-value estimate is 65% above its share price).
Key facts: BCDRF vs HSBC
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, Banco Santander, S.A. (BCDRF) has the higher forward dividend yield at 2.38%, versus 2.24% for HSBC Holdings plc (HSBC).
- As of Nov 5, 2026, SmarterDividends grades BCDRF's dividend safety C (54/100) and HSBC's B (68/100).
- By SmarterDividends' count as of Nov 5, 2026, BCDRF has raised its dividend for 4 consecutive years and HSBC for 0.
- As of Nov 5, 2026, BCDRF pays out 25% of its earnings as dividends and HSBC pays out 54%.
- As of Nov 5, 2026, BCDRF's fair-value estimate is 36% above its share price and HSBC's fair-value estimate is 65% above its share price, so HSBC looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "BCDRF vs HSBC: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/bcdrf-vs-hsbc
| Metric | BCDRF | HSBC |
|---|---|---|
| Forward yield | 2.38% | 2.24% |
| Annual dividend | $0.28 | $2.00 |
| Payout ratio | 25% | 54% |
| Years of growth | 4 yr | 0 yr |
| 5-yr dividend growth | 1.3% | -13.8% |
| 5-yr total return | 259% | 209% |
| Dividend safety score | 54 (C) | 68 (B) |
| Fair value estimate | $16.25 | $145.65 |
| Upside to fair value | +36% | +65% |
| Frequency | semiannual | quarterly |
| Market cap | $171.9B | $301.5B |
| P/E ratio | 11.2 | 11.5 |
Higher yield
BCDRF
2.38%
Safer dividend
HSBC
Grade B
Faster growth
BCDRF
1.3%
Better value
HSBC
+65% upside
BCDRF vs HSBC — FAQ
Is BCDRF or HSBC a better dividend stock?
On the data, BCDRF wins more head-to-head categories (5 vs 3). BCDRF offers the higher yield (2.38%), 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, BCDRF or HSBC?
BCDRF has the higher forward dividend yield at 2.38%, versus 2.24% for HSBC.
Is BCDRF or HSBC safer?
HSBC has the higher dividend-safety score (68/100 vs 54/100), reflecting stronger payout coverage and dividend-growth history.
Is BCDRF or HSBC better value right now?
As of Nov 5, 2026, HSBC looks like the better value: its fair-value estimate is 65% above its share price (undervalued). For BCDRF, its fair-value estimate is 36% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.