GS-PA vs HSBC: Which Is the Better Dividend Stock?
As of Oct 23, 2026, HSBC (HSBC Holdings plc) screens as the stronger dividend stock, winning 4 of 6 head-to-head metrics. GS-PA offers the higher yield at 6.40%, HSBC has the higher dividend-safety score, and HSBC looks like the better value (its fair-value estimate is 48% above its share price).
Key facts: GS-PA vs HSBC
Data as of · Source: SmarterDividends data
- As of Oct 23, 2026, The Goldman Sachs Group, Inc. (GS-PA) has the higher forward dividend yield at 6.40%, versus 4.08% for HSBC Holdings plc (HSBC).
- As of Oct 23, 2026, SmarterDividends grades GS-PA's dividend safety D (45/100) and HSBC's B (72/100).
- As of Oct 23, 2026, GS-PA's fair-value estimate is 2% above its share price and HSBC's fair-value estimate is 48% above its share price, so HSBC looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "GS-PA vs HSBC: Dividend Yield, Safety & Value Compared," updated Oct 23, 2026, https://smarterdividends.com/compare/gs-pa-vs-hsbc
| Metric | GS-PA | HSBC |
|---|---|---|
| Forward yield | 6.40% | 4.08% |
| Annual dividend | $1.23 | $3.75 |
| Payout ratio | — | 54% |
| Years of growth | 0 yr | 0 yr |
| 5-yr dividend growth | 7.3% | -13.8% |
| 5-yr total return | -22% | 242% |
| Dividend safety score | 45 (D) | 72 (B) |
| Fair value estimate | $19.50 | $135.99 |
| Upside to fair value | +2% | +48% |
| Frequency | quarterly | quarterly |
| Market cap | — | $314.3B |
| P/E ratio | 0.4 | 13.1 |
Higher yield
GS-PA
6.40%
Safer dividend
HSBC
Grade B
Faster growth
GS-PA
7.3%
Better value
HSBC
+48% upside
GS-PA vs HSBC — FAQ
Is GS-PA or HSBC a better dividend stock?
On the data, HSBC wins more head-to-head categories (4 vs 2). GS-PA offers the higher yield (6.40%), 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, GS-PA or HSBC?
GS-PA has the higher forward dividend yield at 6.40%, versus 4.08% for HSBC.
Is GS-PA or HSBC safer?
HSBC has the higher dividend-safety score (72/100 vs 45/100), reflecting stronger payout coverage and dividend-growth history.
Is GS-PA or HSBC better value right now?
As of Oct 23, 2026, HSBC looks like the better value: its fair-value estimate is 48% above its share price (undervalued). For GS-PA, its fair-value estimate is 2% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.