SmarterDividends

HSBC vs MCB: Which Is the Better Dividend Stock?

As of Oct 18, 2026, HSBC (HSBC Holdings plc) screens as the stronger dividend stock, winning 4 of 5 head-to-head metrics. HSBC offers the higher yield at 3.97%, HSBC 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 MCB

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, HSBC Holdings plc (HSBC) has the higher forward dividend yield at 3.97%, versus 1.60% for Metropolitan Bank Holding Corp. (MCB).
  • As of Oct 18, 2026, HSBC pays out 54% of its earnings as dividends and MCB pays out 10%.
  • As of Oct 18, 2026, HSBC's fair-value estimate is 44% above its share price and MCB's fair-value estimate is 26% above its share price, so HSBC looks like the better value of the two on SmarterDividends' blended model.
Cite this page

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

MetricHSBCMCB
Forward yield3.97%1.60%
Annual dividend$3.75$1.40
Payout ratio54%10%
Years of growth0 yr0 yr
5-yr dividend growth-13.8%—
5-yr total return242%-8%
Dividend safety score72 (B)—
Fair value estimate$135.99$109.63
Upside to fair value+44%+26%
Frequencyquarterlyquarterly
Market cap$323.4B$1.1B
P/E ratio13.511.2

Higher yield

HSBC

3.97%

Safer dividend

HSBC

Grade B

Faster growth

HSBC

-13.8%

Better value

HSBC

+44% upside

HSBC vs MCB — FAQ

Is HSBC or MCB a better dividend stock?

On the data, HSBC wins more head-to-head categories (4 vs 1). HSBC offers the higher yield (3.97%), 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 MCB?

HSBC has the higher forward dividend yield at 3.97%, versus 1.60% for MCB.

Is HSBC or MCB safer?

Compare each stock's payout ratio, growth streak and cut history on its detail page to judge safety.

Is HSBC or MCB 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 MCB, its fair-value estimate is 26% above its share price.

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