GS vs HSBC: Which Is the Better Dividend Stock?
As of Nov 5, 2026, GS (The Goldman Sachs Group, Inc.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. HSBC offers the higher yield at 2.24%, GS 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: GS vs HSBC
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, HSBC Holdings plc (HSBC) has the higher forward dividend yield at 2.24%, versus 2.16% for The Goldman Sachs Group, Inc. (GS).
- As of Nov 5, 2026, SmarterDividends grades GS's dividend safety A (89/100) and HSBC's B (68/100).
- By SmarterDividends' count as of Nov 5, 2026, GS has raised its dividend for 14 consecutive years and HSBC for 0.
- As of Nov 5, 2026, GS pays out 26% of its earnings as dividends and HSBC pays out 54%.
- As of Nov 5, 2026, GS's fair-value estimate is 23% below 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, "GS vs HSBC: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/gs-vs-hsbc
| Metric | GS | HSBC |
|---|---|---|
| Forward yield | 2.16% | 2.24% |
| Annual dividend | $20.00 | $2.00 |
| Payout ratio | 26% | 54% |
| Years of growth | 14 yr | 0 yr |
| 5-yr dividend growth | 22.9% | -13.8% |
| 5-yr total return | 135% | 209% |
| Dividend safety score | 89 (A) | 68 (B) |
| Fair value estimate | $673.39 | $145.65 |
| Upside to fair value | -23% | +65% |
| Frequency | quarterly | quarterly |
| Market cap | $251.9B | $301.5B |
| P/E ratio | 12.6 | 11.5 |
Higher yield
HSBC
2.24%
Safer dividend
GS
Grade A
Faster growth
GS
22.9%
Better value
HSBC
+65% upside
GS vs HSBC — FAQ
Is GS or HSBC a better dividend stock?
On the data, GS wins more head-to-head categories (5 vs 3). HSBC offers the higher yield (2.24%), while GS 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 or HSBC?
HSBC has the higher forward dividend yield at 2.24%, versus 2.16% for GS.
Is GS or HSBC safer?
GS has the higher dividend-safety score (89/100 vs 68/100), reflecting stronger payout coverage and dividend-growth history.
Is GS 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 GS, its fair-value estimate is 23% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.