HDB vs V: Which Is the Better Dividend Stock?
As of Nov 5, 2026, V (Visa Inc.) screens as the stronger dividend stock, winning 5 of 7 head-to-head metrics. HDB offers the higher yield at 1.68%, V has the higher dividend-safety score, and HDB looks like the better value (its fair-value estimate is 2% above its share price).
Key facts: HDB vs V
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, HDFC Bank Limited (HDB) has the higher forward dividend yield at 1.68%, versus 0.71% for Visa Inc. (V).
- As of Nov 5, 2026, SmarterDividends grades HDB's dividend safety C (58/100) and V's A (93/100).
- By SmarterDividends' count as of Nov 5, 2026, HDB has raised its dividend for 0 consecutive years and V for 17.
- As of Nov 5, 2026, HDB pays out 23% of its earnings as dividends and V pays out 22%.
- As of Nov 5, 2026, HDB's fair-value estimate is 2% above its share price and V's fair-value estimate is 25% below its share price, so HDB looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "HDB vs V: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/hdb-vs-v
| Metric | HDB | V |
|---|---|---|
| Forward yield | 1.68% | 0.71% |
| Annual dividend | $0.41 | $3.12 |
| Payout ratio | 23% | 22% |
| Years of growth | 0 yr | 17 yr |
| 5-yr dividend growth | — | 14.9% |
| 5-yr total return | -32% | 113% |
| Dividend safety score | 58 (C) | 93 (A) |
| Fair value estimate | $24.82 | $321.86 |
| Upside to fair value | +2% | -25% |
| Frequency | annual | quarterly |
| Market cap | $125.7B | $804.3B |
| P/E ratio | 15.8 | 34.9 |
Higher yield
HDB
1.68%
Safer dividend
V
Grade A
Faster growth
V
14.9%
Better value
HDB
+2% upside
HDB vs V — FAQ
Is HDB or V a better dividend stock?
On the data, V wins more head-to-head categories (5 vs 2). HDB offers the higher yield (1.68%), while V has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, HDB or V?
HDB has the higher forward dividend yield at 1.68%, versus 0.71% for V.
Is HDB or V safer?
V has the higher dividend-safety score (93/100 vs 58/100), reflecting stronger payout coverage and dividend-growth history.
Is HDB or V better value right now?
As of Nov 5, 2026, HDB looks like the better value: its fair-value estimate is 2% above its share price (fairly valued). For V, its fair-value estimate is 25% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.