BMN vs HSBC: Which Is the Better Dividend Stock?
As of Oct 18, 2026, HSBC (HSBC Holdings plc) screens as the stronger dividend stock, winning 3 of 5 head-to-head metrics. BMN offers the higher yield at 5.32%, HSBC has the higher dividend-safety score, and HSBC looks like the better value (its fair-value estimate is 44% above its share price).
Key facts: BMN vs HSBC
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Blackrock 2037 Municipal Target Term Trust (BMN) has the higher forward dividend yield at 5.32%, versus 3.97% for HSBC Holdings plc (HSBC).
- As of Oct 18, 2026, SmarterDividends grades BMN's dividend safety B (70/100) and HSBC's B (72/100).
- As of Oct 18, 2026, BMN pays out 51% of its earnings as dividends and HSBC pays out 54%.
- As of Oct 18, 2026, BMN's fair-value estimate is 15% above its share price and HSBC's fair-value estimate is 44% above its share price, so HSBC looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "BMN vs HSBC: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/bmn-vs-hsbc
| Metric | BMN | HSBC |
|---|---|---|
| Forward yield | 5.32% | 3.97% |
| Annual dividend | $1.19 | $3.75 |
| Payout ratio | 51% | 54% |
| Years of growth | 0 yr | 0 yr |
| 5-yr dividend growth | — | -13.8% |
| 5-yr total return | — | 242% |
| Dividend safety score | 70 (B) | 72 (B) |
| Fair value estimate | $25.84 | $135.99 |
| Upside to fair value | +15% | +44% |
| Frequency | monthly | quarterly |
| Market cap | $137.6M | $323.4B |
| P/E ratio | 10.1 | 13.5 |
Higher yield
BMN
5.32%
Safer dividend
HSBC
Grade B
Faster growth
HSBC
-13.8%
Better value
HSBC
+44% upside
BMN vs HSBC — FAQ
Is BMN or HSBC a better dividend stock?
On the data, HSBC wins more head-to-head categories (3 vs 2). BMN offers the higher yield (5.32%), 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, BMN or HSBC?
BMN has the higher forward dividend yield at 5.32%, versus 3.97% for HSBC.
Is BMN or HSBC safer?
HSBC has the higher dividend-safety score (72/100 vs 70/100), reflecting stronger payout coverage and dividend-growth history.
Is BMN or HSBC better value right now?
As of Oct 18, 2026, HSBC looks like the better value: its fair-value estimate is 44% above its share price (undervalued). For BMN, its fair-value estimate is 15% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.


