HSBC vs MBINL: Which Is the Better Dividend Stock?
As of Oct 18, 2026, MBINL (Merchants Bancorp) screens as the stronger dividend stock, winning 3 of 4 head-to-head metrics. MBINL offers the higher yield at 8.27%, HSBC has the higher dividend-safety score, and MBINL looks like the better value (its fair-value estimate is 63% above its share price).
Key facts: HSBC vs MBINL
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Merchants Bancorp (MBINL) has the higher forward dividend yield at 8.27%, versus 3.97% for HSBC Holdings plc (HSBC).
- As of Oct 18, 2026, HSBC's fair-value estimate is 44% above its share price and MBINL's fair-value estimate is 63% above its share price, so MBINL looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "HSBC vs MBINL: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/hsbc-vs-mbinl
| Metric | HSBC | MBINL |
|---|---|---|
| Forward yield | 3.97% | 8.27% |
| Annual dividend | $3.75 | $1.91 |
| Payout ratio | 54% | — |
| Years of growth | 0 yr | 1 yr |
| 5-yr dividend growth | -13.8% | — |
| 5-yr total return | 242% | — |
| Dividend safety score | 72 (B) | — |
| Fair value estimate | $135.99 | $37.46 |
| Upside to fair value | +44% | +63% |
| Frequency | quarterly | quarterly |
| Market cap | $323.4B | — |
| P/E ratio | 13.5 | — |
Higher yield
MBINL
8.27%
Safer dividend
HSBC
Grade B
Faster growth
HSBC
-13.8%
Better value
MBINL
+63% upside
HSBC vs MBINL — FAQ
Is HSBC or MBINL a better dividend stock?
On the data, MBINL wins more head-to-head categories (3 vs 1). MBINL offers the higher yield (8.27%), 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 MBINL?
MBINL has the higher forward dividend yield at 8.27%, versus 3.97% for HSBC.
Is HSBC or MBINL safer?
Compare each stock's payout ratio, growth streak and cut history on its detail page to judge safety.
Is HSBC or MBINL better value right now?
As of Oct 18, 2026, MBINL looks like the better value: its fair-value estimate is 63% above its share price (undervalued). For HSBC, its fair-value estimate is 44% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.