HSBC vs MS: Which Is the Better Dividend Stock?
As of Oct 24, 2026, MS (Morgan Stanley) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. HSBC offers the higher yield at 4.14%, MS has the higher dividend-safety score, and HSBC looks like the better value (its fair-value estimate is 52% above its share price).
Key facts: HSBC vs MS
Data as of · Source: SmarterDividends data
- As of Oct 24, 2026, HSBC Holdings plc (HSBC) has the higher forward dividend yield at 4.14%, versus 2.56% for Morgan Stanley (MS).
- As of Oct 24, 2026, SmarterDividends grades HSBC's dividend safety B (72/100) and MS's A (82/100).
- By SmarterDividends' count as of Oct 24, 2026, HSBC has raised its dividend for 0 consecutive years and MS for 12.
- As of Oct 24, 2026, HSBC pays out 54% of its earnings as dividends and MS pays out 32%.
- As of Oct 24, 2026, HSBC's fair-value estimate is 52% above its share price and MS's fair-value estimate is 13% below its share price, so HSBC looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "HSBC vs MS: Dividend Yield, Safety & Value Compared," updated Oct 24, 2026, https://smarterdividends.com/compare/hsbc-vs-ms
| Metric | HSBC | MS |
|---|---|---|
| Forward yield | 4.14% | 2.56% |
| Annual dividend | $3.75 | $4.60 |
| Payout ratio | 54% | 32% |
| Years of growth | 0 yr | 12 yr |
| 5-yr dividend growth | -13.8% | 22.4% |
| 5-yr total return | 228% | 89% |
| Dividend safety score | 72 (B) | 82 (A) |
| Fair value estimate | $138.06 | $156.77 |
| Upside to fair value | +52% | -13% |
| Frequency | quarterly | quarterly |
| Market cap | $310.1B | $281.9B |
| P/E ratio | 13.0 | 14.6 |
Higher yield
HSBC
4.14%
Safer dividend
MS
Grade A
Faster growth
MS
22.4%
Better value
HSBC
+52% upside
HSBC vs MS — FAQ
Is HSBC or MS a better dividend stock?
On the data, MS wins more head-to-head categories (5 vs 3). HSBC offers the higher yield (4.14%), while MS 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 MS?
HSBC has the higher forward dividend yield at 4.14%, versus 2.56% for MS.
Is HSBC or MS safer?
MS has the higher dividend-safety score (82/100 vs 72/100), reflecting stronger payout coverage and dividend-growth history.
Is HSBC or MS better value right now?
As of Oct 24, 2026, HSBC looks like the better value: its fair-value estimate is 52% above its share price (undervalued). For MS, its fair-value estimate is 13% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.