HPS vs HSBC: Which Is the Better Dividend Stock?
As of Nov 11, 2026, HSBC (HSBC Holdings plc) screens as the stronger dividend stock, winning 5 of 7 head-to-head metrics. HPS offers the higher yield at 11.01%, HSBC has the higher dividend-safety score, and HSBC looks like the better value (its fair-value estimate is 36% above its share price).
Key facts: HPS vs HSBC
Data as of · Source: SmarterDividends data
- As of Nov 11, 2026, John Hancock Preferred Income Fund III (HPS) has the higher forward dividend yield at 11.01%, versus 2.23% for HSBC Holdings plc (HSBC).
- As of Nov 11, 2026, SmarterDividends grades HPS's dividend safety C (57/100) and HSBC's B (72/100).
- As of Nov 11, 2026, HPS pays out 242% of its earnings as dividends and HSBC pays out 54%.
- As of Nov 11, 2026, HPS's fair-value estimate is 13% above its share price and HSBC's fair-value estimate is 36% above its share price, so HSBC looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "HPS vs HSBC: Dividend Yield, Safety & Value Compared," updated Nov 11, 2026, https://smarterdividends.com/compare/hps-vs-hsbc
| Metric | HPS | HSBC |
|---|---|---|
| Forward yield | 11.01% | 2.23% |
| Annual dividend | $1.32 | $2.00 |
| Payout ratio | 242% | 54% |
| Years of growth | 0 yr | 0 yr |
| 5-yr dividend growth | 0.0% | -13.8% |
| 5-yr total return | -37% | 215% |
| Dividend safety score | 57 (C) | 72 (B) |
| Fair value estimate | $13.54 | $122.15 |
| Upside to fair value | +13% | +36% |
| Frequency | monthly | quarterly |
| Market cap | $385.0M | $307.3B |
| P/E ratio | 21.8 | 11.7 |
Higher yield
HPS
11.01%
Safer dividend
HSBC
Grade B
Faster growth
HPS
0.0%
Better value
HSBC
+36% upside
HPS vs HSBC — FAQ
Is HPS or HSBC a better dividend stock?
On the data, HSBC wins more head-to-head categories (5 vs 2). HPS offers the higher yield (11.01%), 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, HPS or HSBC?
HPS has the higher forward dividend yield at 11.01%, versus 2.23% for HSBC.
Is HPS or HSBC safer?
HSBC has the higher dividend-safety score (72/100 vs 57/100), reflecting stronger payout coverage and dividend-growth history.
Is HPS or HSBC better value right now?
As of Nov 11, 2026, HSBC looks like the better value: its fair-value estimate is 36% above its share price (undervalued). For HPS, its fair-value estimate is 13% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.