HSBC vs JPM: Which Is the Better Dividend Stock?
As of Oct 30, 2026, JPM (JPMorgan Chase & Co.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. HSBC offers the higher yield at 4.34%, JPM has the higher dividend-safety score, and HSBC looks like the better value (its fair-value estimate is 59% above its share price).
Key facts: HSBC vs JPM
Data as of · Source: SmarterDividends data
- As of Oct 30, 2026, HSBC Holdings plc (HSBC) has the higher forward dividend yield at 4.34%, versus 1.95% for JPMorgan Chase & Co. (JPM).
- As of Oct 30, 2026, SmarterDividends grades HSBC's dividend safety B (72/100) and JPM's A (82/100).
- By SmarterDividends' count as of Oct 30, 2026, HSBC has raised its dividend for 0 consecutive years and JPM for 15.
- As of Oct 30, 2026, HSBC pays out 54% of its earnings as dividends and JPM pays out 26%.
- As of Oct 30, 2026, HSBC's fair-value estimate is 59% above its share price and JPM's fair-value estimate is 6% above its share price, so HSBC looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "HSBC vs JPM: Dividend Yield, Safety & Value Compared," updated Oct 30, 2026, https://smarterdividends.com/compare/hsbc-vs-jpm
| Metric | HSBC | JPM |
|---|---|---|
| Forward yield | 4.34% | 1.95% |
| Annual dividend | $3.75 | $6.60 |
| Payout ratio | 54% | 26% |
| Years of growth | 0 yr | 15 yr |
| 5-yr dividend growth | -13.8% | 9.0% |
| 5-yr total return | 228% | 109% |
| Dividend safety score | 72 (B) | 82 (A) |
| Fair value estimate | $137.57 | $364.60 |
| Upside to fair value | +59% | +6% |
| Frequency | quarterly | quarterly |
| Market cap | $296.2B | $912.4B |
| P/E ratio | 11.3 | 14.4 |
Higher yield
HSBC
4.34%
Safer dividend
JPM
Grade A
Faster growth
JPM
9.0%
Better value
HSBC
+59% upside
HSBC vs JPM — FAQ
Is HSBC or JPM a better dividend stock?
On the data, JPM wins more head-to-head categories (5 vs 3). HSBC offers the higher yield (4.34%), while JPM 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 JPM?
HSBC has the higher forward dividend yield at 4.34%, versus 1.95% for JPM.
Is HSBC or JPM safer?
JPM has the higher dividend-safety score (82/100 vs 72/100), reflecting stronger payout coverage and dividend-growth history.
Is HSBC or JPM better value right now?
As of Oct 30, 2026, HSBC looks like the better value: its fair-value estimate is 59% above its share price (undervalued). For JPM, its fair-value estimate is 6% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.