BNY vs HSBC: Which Is the Better Dividend Stock?
As of Oct 24, 2026, HSBC (HSBC Holdings plc) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. HSBC offers the higher yield at 4.14%, HSBC has the higher dividend-safety score, and HSBC looks like the better value (its fair-value estimate is 52% above its share price).
Key facts: BNY vs HSBC
Data as of · Source: SmarterDividends data
- As of Oct 24, 2026, HSBC Holdings plc (HSBC) has the higher forward dividend yield at 4.14%, versus 1.53% for The Bank of New York Mellon Corporation (BNY).
- As of Oct 24, 2026, SmarterDividends grades BNY's dividend safety C (59/100) and HSBC's B (72/100).
- By SmarterDividends' count as of Oct 24, 2026, BNY has raised its dividend for 15 consecutive years and HSBC for 0.
- As of Oct 24, 2026, BNY pays out 25% of its earnings as dividends and HSBC pays out 54%.
- As of Oct 24, 2026, BNY's fair-value estimate is 8% below its share price and HSBC's fair-value estimate is 52% above its share price, so HSBC looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "BNY vs HSBC: Dividend Yield, Safety & Value Compared," updated Oct 24, 2026, https://smarterdividends.com/compare/bny-vs-hsbc
| Metric | BNY | HSBC |
|---|---|---|
| Forward yield | 1.53% | 4.14% |
| Annual dividend | $2.22 | $3.75 |
| Payout ratio | 25% | 54% |
| Years of growth | 15 yr | 0 yr |
| 5-yr dividend growth | 10.0% | -13.8% |
| 5-yr total return | 165% | 228% |
| Dividend safety score | 59 (C) | 72 (B) |
| Fair value estimate | $133.90 | $138.06 |
| Upside to fair value | -8% | +52% |
| Frequency | quarterly | quarterly |
| Market cap | $98.6B | $310.1B |
| P/E ratio | 16.1 | 13.0 |
Higher yield
HSBC
4.14%
Safer dividend
HSBC
Grade B
Faster growth
BNY
10.0%
Better value
HSBC
+52% upside
BNY vs HSBC — FAQ
Is BNY or HSBC a better dividend stock?
On the data, HSBC wins more head-to-head categories (5 vs 3). HSBC offers the higher yield (4.14%), 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, BNY or HSBC?
HSBC has the higher forward dividend yield at 4.14%, versus 1.53% for BNY.
Is BNY or HSBC safer?
HSBC has the higher dividend-safety score (72/100 vs 59/100), reflecting stronger payout coverage and dividend-growth history.
Is BNY or HSBC better value right now?
As of Oct 24, 2026, HSBC looks like the better value: its fair-value estimate is 52% above its share price (undervalued). For BNY, 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.