BWG vs HSBC: Which Is the Better Dividend Stock?
As of Oct 24, 2026, HSBC (HSBC Holdings plc) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. BWG offers the higher yield at 14.04%, HSBC has the higher dividend-safety score, and BWG looks like the better value (its fair-value estimate is 91% above its share price).
Key facts: BWG vs HSBC
Data as of · Source: SmarterDividends data
- As of Oct 24, 2026, Legg Mason BW Global Income Opportunities Fund Inc. (BWG) has the higher forward dividend yield at 14.04%, versus 4.14% for HSBC Holdings plc (HSBC).
- As of Oct 24, 2026, SmarterDividends grades BWG's dividend safety C (52/100) and HSBC's B (72/100).
- As of Oct 24, 2026, BWG pays out 109% of its earnings as dividends and HSBC pays out 54%.
- As of Oct 24, 2026, BWG's fair-value estimate is 91% above its share price and HSBC's fair-value estimate is 52% above its share price, so BWG looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "BWG vs HSBC: Dividend Yield, Safety & Value Compared," updated Oct 24, 2026, https://smarterdividends.com/compare/bwg-vs-hsbc
| Metric | BWG | HSBC |
|---|---|---|
| Forward yield | 14.04% | 4.14% |
| Annual dividend | $0.96 | $3.75 |
| Payout ratio | 109% | 54% |
| Years of growth | 0 yr | 0 yr |
| 5-yr dividend growth | 2.5% | -13.8% |
| 5-yr total return | -42% | 228% |
| Dividend safety score | 52 (C) | 72 (B) |
| Fair value estimate | $13.09 | $138.06 |
| Upside to fair value | +91% | +52% |
| Frequency | monthly | quarterly |
| Market cap | $114.9M | $310.1B |
| P/E ratio | 7.8 | 13.0 |
Higher yield
BWG
14.04%
Safer dividend
HSBC
Grade B
Faster growth
BWG
2.5%
Better value
BWG
+91% upside
BWG vs HSBC — FAQ
Is BWG or HSBC a better dividend stock?
On the data, HSBC wins more head-to-head categories (4 vs 3). BWG offers the higher yield (14.04%), 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, BWG or HSBC?
BWG has the higher forward dividend yield at 14.04%, versus 4.14% for HSBC.
Is BWG or HSBC safer?
HSBC has the higher dividend-safety score (72/100 vs 52/100), reflecting stronger payout coverage and dividend-growth history.
Is BWG or HSBC better value right now?
As of Oct 24, 2026, BWG looks like the better value: its fair-value estimate is 91% above its share price (undervalued). For HSBC, its fair-value estimate is 52% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.