CM vs HSBC: Which Is the Better Dividend Stock?
As of Nov 5, 2026, CM (Canadian Imperial Bank of Commerce) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. CM offers the higher yield at 2.54%, 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: CM vs HSBC
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, Canadian Imperial Bank of Commerce (CM) has the higher forward dividend yield at 2.54%, versus 2.24% for HSBC Holdings plc (HSBC).
- As of Nov 5, 2026, SmarterDividends grades CM's dividend safety C (63/100) and HSBC's B (68/100).
- By SmarterDividends' count as of Nov 5, 2026, CM has raised its dividend for 10 consecutive years and HSBC for 0.
- As of Nov 5, 2026, CM pays out 40% of its earnings as dividends and HSBC pays out 54%.
- As of Nov 5, 2026, CM's fair-value estimate is 3% 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, "CM vs HSBC: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/cm-vs-hsbc
| Metric | CM | HSBC |
|---|---|---|
| Forward yield | 2.54% | 2.24% |
| Annual dividend | $3.05 | $2.00 |
| Payout ratio | 40% | 54% |
| Years of growth | 10 yr | 0 yr |
| 5-yr dividend growth | 5.1% | -13.8% |
| 5-yr total return | 109% | 209% |
| Dividend safety score | 63 (C) | 68 (B) |
| Fair value estimate | $121.34 | $145.65 |
| Upside to fair value | +3% | +65% |
| Frequency | quarterly | quarterly |
| Market cap | $107.2B | $301.5B |
| P/E ratio | 15.7 | 11.5 |
Higher yield
CM
2.54%
Safer dividend
HSBC
Grade B
Faster growth
CM
5.1%
Better value
HSBC
+65% upside
CM vs HSBC — FAQ
Is CM or HSBC a better dividend stock?
On the data, CM wins more head-to-head categories (5 vs 3). CM offers the higher yield (2.54%), 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, CM or HSBC?
CM has the higher forward dividend yield at 2.54%, versus 2.24% for HSBC.
Is CM or HSBC safer?
HSBC has the higher dividend-safety score (68/100 vs 63/100), reflecting stronger payout coverage and dividend-growth history.
Is CM 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 CM, its fair-value estimate is 3% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.