SmarterDividends

HFWA vs HSBC: Which Is the Better Dividend Stock?

As of August 2026, HFWA (Heritage Financial Corporation) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. HSBC offers the higher yield at 3.52%, HFWA has the higher dividend-safety score, and HFWA trades at the larger discount to fair value (+142%).

MetricHFWAHSBC
Forward yield3.36%3.52%
Annual dividend$1.00$3.75
Payout ratio46%62%
Years of growth14 yr0 yr
5-yr dividend growth3.7%-13.8%
5-yr total return17%302%
Dividend safety score84 (A)70 (B)
Fair value estimate$71.88$125.96
Upside to fair value+142%+18%
Frequencyquarterlyquarterly
Market cap$1.2B$369.9B
P/E ratio14.317.8

Higher yield

HSBC

3.52%

Safer dividend

HFWA

Grade A

Faster growth

HFWA

3.7%

Better value

HFWA

+142% upside

HFWA vs HSBC — FAQ

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