HIX vs HSBC: Which Is the Better Dividend Stock?
As of Oct 27, 2026, HSBC (HSBC Holdings plc) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. HIX offers the higher yield at 17.55%, HSBC has the higher dividend-safety score, and HIX looks like the better value (its fair-value estimate is 85% above its share price).
Key facts: HIX vs HSBC
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, Western Asset High Income Fund II Inc. (HIX) has the higher forward dividend yield at 17.55%, versus 4.11% for HSBC Holdings plc (HSBC).
- As of Oct 27, 2026, SmarterDividends grades HIX's dividend safety C (63/100) and HSBC's B (72/100).
- As of Oct 27, 2026, HIX pays out 117% of its earnings as dividends and HSBC pays out 54%.
- As of Oct 27, 2026, HIX's fair-value estimate is 85% above its share price and HSBC's fair-value estimate is 51% above its share price, so HIX looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "HIX vs HSBC: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/hix-vs-hsbc
| Metric | HIX | HSBC |
|---|---|---|
| Forward yield | 17.55% | 4.11% |
| Annual dividend | $0.59 | $3.75 |
| Payout ratio | 117% | 54% |
| Years of growth | 0 yr | 0 yr |
| 5-yr dividend growth | 0.0% | -13.8% |
| 5-yr total return | -52% | 228% |
| Dividend safety score | 63 (C) | 72 (B) |
| Fair value estimate | $6.21 | $137.57 |
| Upside to fair value | +85% | +51% |
| Frequency | monthly | quarterly |
| Market cap | $301.7M | $311.9B |
| P/E ratio | 6.7 | 13.0 |
Higher yield
HIX
17.55%
Safer dividend
HSBC
Grade B
Faster growth
HIX
0.0%
Better value
HIX
+85% upside
HIX vs HSBC — FAQ
Is HIX or HSBC a better dividend stock?
On the data, HSBC wins more head-to-head categories (4 vs 3). HIX offers the higher yield (17.55%), 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, HIX or HSBC?
HIX has the higher forward dividend yield at 17.55%, versus 4.11% for HSBC.
Is HIX or HSBC safer?
HSBC has the higher dividend-safety score (72/100 vs 63/100), reflecting stronger payout coverage and dividend-growth history.
Is HIX or HSBC better value right now?
As of Oct 27, 2026, HIX looks like the better value: its fair-value estimate is 85% above its share price (undervalued). For HSBC, its fair-value estimate is 51% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.