FG vs HSBC: Which Is the Better Dividend Stock?
As of Oct 18, 2026, FG (F&G Annuities & Life, Inc.) screens as the stronger dividend stock, winning 3 of 5 head-to-head metrics. FG offers the higher yield at 5.11%, FG 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: FG vs HSBC
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, F&G Annuities & Life, Inc. (FG) has the higher forward dividend yield at 5.11%, versus 3.97% for HSBC Holdings plc (HSBC).
- As of Oct 18, 2026, SmarterDividends grades FG's dividend safety B (72/100) and HSBC's B (72/100).
- By SmarterDividends' count as of Oct 18, 2026, FG has raised its dividend for 2 consecutive years and HSBC for 0.
- As of Oct 18, 2026, FG pays out 32% of its earnings as dividends and HSBC pays out 54%.
- As of Oct 18, 2026, FG's fair-value estimate is 14% 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, "FG vs HSBC: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/fg-vs-hsbc
| Metric | FG | HSBC |
|---|---|---|
| Forward yield | 5.11% | 3.97% |
| Annual dividend | $1.00 | $3.75 |
| Payout ratio | 32% | 54% |
| Years of growth | 2 yr | 0 yr |
| 5-yr dividend growth | — | -13.8% |
| 5-yr total return | — | 242% |
| Dividend safety score | 72 (B) | 72 (B) |
| Fair value estimate | $16.75 | $135.99 |
| Upside to fair value | -14% | +44% |
| Frequency | quarterly | quarterly |
| Market cap | $2.6B | $323.4B |
| P/E ratio | 6.5 | 13.5 |
Higher yield
FG
5.11%
Safer dividend
FG
Grade B
Faster growth
HSBC
-13.8%
Better value
HSBC
+44% upside
FG vs HSBC — FAQ
Is FG or HSBC a better dividend stock?
On the data, FG wins more head-to-head categories (3 vs 2). FG offers the higher yield (5.11%), while FG has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, FG or HSBC?
FG has the higher forward dividend yield at 5.11%, versus 3.97% for HSBC.
Is FG or HSBC safer?
FG has the higher dividend-safety score (72/100 vs 72/100), reflecting stronger payout coverage and dividend-growth history.
Is FG 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 FG, its fair-value estimate is 14% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.