SmarterDividends

HSBC vs L: Which Is the Better Dividend Stock?

As of Oct 31, 2026, HSBC (HSBC Holdings plc) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. HSBC offers the higher yield at 4.39%, L has the higher dividend-safety score, and HSBC looks like the better value (its fair-value estimate is 75% above its share price).

Key facts: HSBC vs L

Data as of · Source: SmarterDividends data

  • As of Oct 31, 2026, HSBC Holdings plc (HSBC) has the higher forward dividend yield at 4.39%, versus 0.22% for Loews Corporation (L).
  • As of Oct 31, 2026, SmarterDividends grades HSBC's dividend safety B (68/100) and L's A (99/100).
  • As of Oct 31, 2026, HSBC pays out 54% of its earnings as dividends and L pays out 3%.
  • As of Oct 31, 2026, HSBC's fair-value estimate is 75% above its share price and L's fair-value estimate is 43% below its share price, so HSBC looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "HSBC vs L: Dividend Yield, Safety & Value Compared," updated Oct 31, 2026, https://smarterdividends.com/compare/hsbc-vs-l

MetricHSBCL
Forward yield4.39%0.22%
Annual dividend$3.75$0.25
Payout ratio54%3%
Years of growth0 yr0 yr
5-yr dividend growth-13.8%0.0%
5-yr total return209%108%
Dividend safety score68 (B)99 (A)
Fair value estimate$149.54$63.58
Upside to fair value+75%-43%
Frequencyquarterlyquarterly
Market cap$292.1B$22.8B
P/E ratio11.213.6

Higher yield

HSBC

4.39%

Safer dividend

L

Grade A

Faster growth

L

0.0%

Better value

HSBC

+75% upside

HSBC vs L — FAQ

Is HSBC or L a better dividend stock?

On the data, HSBC wins more head-to-head categories (4 vs 3). HSBC offers the higher yield (4.39%), while L 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 L?

HSBC has the higher forward dividend yield at 4.39%, versus 0.22% for L.

Is HSBC or L safer?

L has the higher dividend-safety score (99/100 vs 68/100), reflecting stronger payout coverage and dividend-growth history.

Is HSBC or L better value right now?

As of Oct 31, 2026, HSBC looks like the better value: its fair-value estimate is 75% above its share price (undervalued). For L, its fair-value estimate is 43% below its share price.

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