SmarterDividends

HSBC vs ITUB: Which Is the Better Dividend Stock?

As of Nov 5, 2026, HSBC (HSBC Holdings plc) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. ITUB offers the higher yield at 2.35%, HSBC 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: HSBC vs ITUB

Data as of · Source: SmarterDividends data

  • As of Nov 5, 2026, Itaú Unibanco Holding S.A. (ITUB) has the higher forward dividend yield at 2.35%, versus 2.24% for HSBC Holdings plc (HSBC).
  • As of Nov 5, 2026, SmarterDividends grades HSBC's dividend safety B (68/100) and ITUB's C (55/100).
  • As of Nov 5, 2026, HSBC pays out 54% of its earnings as dividends and ITUB pays out 71%.
  • As of Nov 5, 2026, HSBC's fair-value estimate is 65% above its share price and ITUB's fair-value estimate is 55% above its share price, so HSBC looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "HSBC vs ITUB: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/hsbc-vs-itub

MetricHSBCITUB
Forward yield2.24%2.35%
Annual dividend$2.00$0.17
Payout ratio54%71%
Years of growth0 yr1 yr
5-yr dividend growth-13.8%4.9%
5-yr total return209%106%
Dividend safety score68 (B)55 (C)
Fair value estimate$145.65$11.25
Upside to fair value+65%+55%
Frequencyquarterlymonthly
Market cap$301.5B$79.9B
P/E ratio11.58.9

Higher yield

ITUB

2.35%

Safer dividend

HSBC

Grade B

Faster growth

ITUB

4.9%

Better value

HSBC

+65% upside

HSBC vs ITUB — FAQ

Is HSBC or ITUB a better dividend stock?

On the data, HSBC wins more head-to-head categories (5 vs 3). ITUB offers the higher yield (2.35%), 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, HSBC or ITUB?

ITUB has the higher forward dividend yield at 2.35%, versus 2.24% for HSBC.

Is HSBC or ITUB safer?

HSBC has the higher dividend-safety score (68/100 vs 55/100), reflecting stronger payout coverage and dividend-growth history.

Is HSBC or ITUB 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 ITUB, its fair-value estimate is 55% above its share price.

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.