HSBC vs MFG: Which Is the Better Dividend Stock?
As of September 2026, HSBC and MFG are closely matched. HSBC offers the higher yield at 3.68%, HSBC has the higher dividend-safety score, and HSBC trades at the larger discount to fair value (+36%).
| Metric | HSBC | MFG |
|---|---|---|
| Forward yield | 3.68% | 1.68% |
| Annual dividend | $3.75 | $0.18 |
| Payout ratio | 54% | 25% |
| Years of growth | 0 yr | 2 yr |
| 5-yr dividend growth | -13.8% | 8.3% |
| 5-yr total return | 239% | 319% |
| Dividend safety score | 72 (B) | 68 (B) |
| Fair value estimate | $138.49 | $12.00 |
| Upside to fair value | +36% | +10% |
| Frequency | quarterly | semiannual |
| Market cap | $348.5B | $132.4B |
| P/E ratio | 14.5 | 15.2 |
Higher yield
HSBC
3.68%
Safer dividend
HSBC
Grade B
Faster growth
MFG
8.3%
Better value
HSBC
+36% upside
HSBC vs MFG — FAQ
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