HSBC vs MCHB: Which Is the Better Dividend Stock?
As of Oct 24, 2026, HSBC and MCHB are closely matched. MCHB offers the higher yield at 10.29%, HSBC has the higher dividend-safety score, and MCHB looks like the better value (its fair-value estimate is 163% above its share price).
Key facts: HSBC vs MCHB
Data as of · Source: SmarterDividends data
- As of Oct 24, 2026, Mechanics Bancorp (MCHB) has the higher forward dividend yield at 10.29%, versus 4.14% for HSBC Holdings plc (HSBC).
- As of Oct 24, 2026, SmarterDividends grades HSBC's dividend safety B (72/100) and MCHB's D (40/100).
- As of Oct 24, 2026, HSBC pays out 54% of its earnings as dividends and MCHB pays out 101%.
- As of Oct 24, 2026, HSBC's fair-value estimate is 52% above its share price and MCHB's fair-value estimate is 163% above its share price, so MCHB looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "HSBC vs MCHB: Dividend Yield, Safety & Value Compared," updated Oct 24, 2026, https://smarterdividends.com/compare/hsbc-vs-mchb
| Metric | HSBC | MCHB |
|---|---|---|
| Forward yield | 4.14% | 10.29% |
| Annual dividend | $3.75 | $1.56 |
| Payout ratio | 54% | 101% |
| Years of growth | 0 yr | 1 yr |
| 5-yr dividend growth | -13.8% | 7.0% |
| 5-yr total return | 228% | -69% |
| Dividend safety score | 72 (B) | 40 (D) |
| Fair value estimate | $138.06 | $39.85 |
| Upside to fair value | +52% | +163% |
| Frequency | quarterly | quarterly |
| Market cap | $310.1B | $3.4B |
| P/E ratio | 13.0 | 11.7 |
Higher yield
MCHB
10.29%
Safer dividend
HSBC
Grade B
Faster growth
MCHB
7.0%
Better value
MCHB
+163% upside
HSBC vs MCHB — FAQ
Is HSBC or MCHB a better dividend stock?
HSBC and MCHB are closely matched. MCHB has the higher yield; HSBC scores better on safety.
Which has a higher dividend yield, HSBC or MCHB?
MCHB has the higher forward dividend yield at 10.29%, versus 4.14% for HSBC.
Is HSBC or MCHB safer?
HSBC has the higher dividend-safety score (72/100 vs 40/100), reflecting stronger payout coverage and dividend-growth history.
Is HSBC or MCHB better value right now?
As of Oct 24, 2026, MCHB looks like the better value: its fair-value estimate is 163% above its share price (undervalued). For HSBC, its fair-value estimate is 52% above its share price.
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.