DGICA vs HSBC: Which Is the Better Dividend Stock?
As of Oct 18, 2026, DGICA (Donegal Group Inc.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. DGICA offers the higher yield at 4.12%, DGICA 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: DGICA vs HSBC
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Donegal Group Inc. (DGICA) has the higher forward dividend yield at 4.12%, versus 3.97% for HSBC Holdings plc (HSBC).
- As of Oct 18, 2026, SmarterDividends grades DGICA's dividend safety A (96/100) and HSBC's B (72/100).
- By SmarterDividends' count as of Oct 18, 2026, DGICA has raised its dividend for 22 consecutive years and HSBC for 0.
- As of Oct 18, 2026, DGICA pays out 39% of its earnings as dividends and HSBC pays out 54%.
- As of Oct 18, 2026, DGICA's fair-value estimate is 34% below 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, "DGICA vs HSBC: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/dgica-vs-hsbc
| Metric | DGICA | HSBC |
|---|---|---|
| Forward yield | 4.12% | 3.97% |
| Annual dividend | $0.77 | $3.75 |
| Payout ratio | 39% | 54% |
| Years of growth | 22 yr | 0 yr |
| 5-yr dividend growth | 3.9% | -13.8% |
| 5-yr total return | 37% | 242% |
| Dividend safety score | 96 (A) | 72 (B) |
| Fair value estimate | $12.30 | $135.99 |
| Upside to fair value | -34% | +44% |
| Frequency | quarterly | quarterly |
| Market cap | $692.1M | $323.4B |
| P/E ratio | 9.7 | 13.5 |
Higher yield
DGICA
4.12%
Safer dividend
DGICA
Grade A
Faster growth
DGICA
3.9%
Better value
HSBC
+44% upside
DGICA vs HSBC — FAQ
Is DGICA or HSBC a better dividend stock?
On the data, DGICA wins more head-to-head categories (5 vs 3). DGICA offers the higher yield (4.12%), while DGICA has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, DGICA or HSBC?
DGICA has the higher forward dividend yield at 4.12%, versus 3.97% for HSBC.
Is DGICA or HSBC safer?
DGICA has the higher dividend-safety score (96/100 vs 72/100), reflecting stronger payout coverage and dividend-growth history.
Is DGICA 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 DGICA, its fair-value estimate is 34% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.