SmarterDividends

HSBC vs LAZ: Which Is the Better Dividend Stock?

As of Oct 18, 2026, HSBC (HSBC Holdings plc) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. LAZ offers the higher yield at 5.54%, LAZ has the higher dividend-safety score, and HSBC looks like the better value (its fair-value estimate is 44% above its share price).

Key facts: HSBC vs LAZ

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Lazard, Inc. (LAZ) has the higher forward dividend yield at 5.54%, versus 3.97% for HSBC Holdings plc (HSBC).
  • As of Oct 18, 2026, SmarterDividends grades HSBC's dividend safety B (72/100) and LAZ's A (85/100).
  • As of Oct 18, 2026, HSBC pays out 54% of its earnings as dividends and LAZ pays out 98%.
  • As of Oct 18, 2026, HSBC's fair-value estimate is 44% above its share price and LAZ's fair-value estimate is 18% above its share price, so HSBC looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "HSBC vs LAZ: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/hsbc-vs-laz

MetricHSBCLAZ
Forward yield3.97%5.54%
Annual dividend$3.75$2.00
Payout ratio54%98%
Years of growth0 yr0 yr
5-yr dividend growth-13.8%1.2%
5-yr total return242%-15%
Dividend safety score72 (B)85 (A)
Fair value estimate$135.99$42.51
Upside to fair value+44%+18%
Frequencyquarterlyquarterly
Market cap$323.4B$3.6B
P/E ratio13.517.7

Higher yield

LAZ

5.54%

Safer dividend

LAZ

Grade A

Faster growth

LAZ

1.2%

Better value

HSBC

+44% upside

HSBC vs LAZ — FAQ

Is HSBC or LAZ a better dividend stock?

On the data, HSBC wins more head-to-head categories (4 vs 3). LAZ offers the higher yield (5.54%), while LAZ 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 LAZ?

LAZ has the higher forward dividend yield at 5.54%, versus 3.97% for HSBC.

Is HSBC or LAZ safer?

LAZ has the higher dividend-safety score (85/100 vs 72/100), reflecting stronger payout coverage and dividend-growth history.

Is HSBC or LAZ better value right now?

As of Oct 18, 2026, HSBC looks like the better value: its fair-value estimate is 44% above its share price (undervalued). For LAZ, its fair-value estimate is 18% above its share price.

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