BMO vs HSBC: Which Is the Better Dividend Stock?
As of Nov 5, 2026, BMO (Bank of Montreal) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. BMO offers the higher yield at 2.75%, BMO 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: BMO vs HSBC
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, Bank of Montreal (BMO) has the higher forward dividend yield at 2.75%, versus 2.24% for HSBC Holdings plc (HSBC).
- As of Nov 5, 2026, SmarterDividends grades BMO's dividend safety B (78/100) and HSBC's B (68/100).
- By SmarterDividends' count as of Nov 5, 2026, BMO has raised its dividend for 9 consecutive years and HSBC for 0.
- As of Nov 5, 2026, BMO pays out 54% of its earnings as dividends and HSBC pays out 54%.
- As of Nov 5, 2026, BMO's fair-value estimate is 8% below 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, "BMO vs HSBC: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/bmo-vs-hsbc
| Metric | BMO | HSBC |
|---|---|---|
| Forward yield | 2.75% | 2.24% |
| Annual dividend | $4.88 | $2.00 |
| Payout ratio | 54% | 54% |
| Years of growth | 9 yr | 0 yr |
| 5-yr dividend growth | 7.8% | -13.8% |
| 5-yr total return | 64% | 209% |
| Dividend safety score | 78 (B) | 68 (B) |
| Fair value estimate | $160.75 | $145.65 |
| Upside to fair value | -8% | +65% |
| Frequency | quarterly | quarterly |
| Market cap | $121.2B | $301.5B |
| P/E ratio | 19.7 | 11.5 |
Higher yield
BMO
2.75%
Safer dividend
BMO
Grade B
Faster growth
BMO
7.8%
Better value
HSBC
+65% upside
BMO vs HSBC — FAQ
Is BMO or HSBC a better dividend stock?
On the data, BMO wins more head-to-head categories (5 vs 3). BMO offers the higher yield (2.75%), while BMO has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, BMO or HSBC?
BMO has the higher forward dividend yield at 2.75%, versus 2.24% for HSBC.
Is BMO or HSBC safer?
BMO has the higher dividend-safety score (78/100 vs 68/100), reflecting stronger payout coverage and dividend-growth history.
Is BMO 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 BMO, its fair-value estimate is 8% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.