HSBC vs MBINM: Which Is the Better Dividend Stock?
As of Oct 18, 2026, HSBC and MBINM are closely matched. MBINM offers the higher yield at 8.28%, HSBC has the higher dividend-safety score, and MBINM looks like the better value (its fair-value estimate is 62% above its share price).
Key facts: HSBC vs MBINM
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Merchants Bancorp (MBINM) has the higher forward dividend yield at 8.28%, versus 3.97% for HSBC Holdings plc (HSBC).
- As of Oct 18, 2026, SmarterDividends grades HSBC's dividend safety B (72/100) and MBINM's B (68/100).
- As of Oct 18, 2026, HSBC's fair-value estimate is 44% above its share price and MBINM's fair-value estimate is 62% above its share price, so MBINM looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "HSBC vs MBINM: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/hsbc-vs-mbinm
| Metric | HSBC | MBINM |
|---|---|---|
| Forward yield | 3.97% | 8.28% |
| Annual dividend | $3.75 | $2.06 |
| Payout ratio | 54% | — |
| Years of growth | 0 yr | 0 yr |
| 5-yr dividend growth | -13.8% | — |
| 5-yr total return | 242% | — |
| Dividend safety score | 72 (B) | 68 (B) |
| Fair value estimate | $135.99 | $40.41 |
| Upside to fair value | +44% | +62% |
| Frequency | quarterly | quarterly |
| Market cap | $323.4B | — |
| P/E ratio | 13.5 | — |
Higher yield
MBINM
8.28%
Safer dividend
HSBC
Grade B
Faster growth
HSBC
-13.8%
Better value
MBINM
+62% upside
HSBC vs MBINM — FAQ
Is HSBC or MBINM a better dividend stock?
HSBC and MBINM are closely matched. MBINM has the higher yield; HSBC scores better on safety.
Which has a higher dividend yield, HSBC or MBINM?
MBINM has the higher forward dividend yield at 8.28%, versus 3.97% for HSBC.
Is HSBC or MBINM safer?
HSBC has the higher dividend-safety score (72/100 vs 68/100), reflecting stronger payout coverage and dividend-growth history.
Is HSBC or MBINM better value right now?
As of Oct 18, 2026, MBINM looks like the better value: its fair-value estimate is 62% above its share price (undervalued). For HSBC, its fair-value estimate is 44% above its share price.
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