HSBC vs MS: Which Is the Better Dividend Stock?
As of August 2026, MS (Morgan Stanley) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. HSBC offers the higher yield at 3.61%, MS has the higher dividend-safety score, and HSBC trades at the larger discount to fair value (+31%).
| Metric | HSBC | MS |
|---|---|---|
| Forward yield | 3.61% | 2.11% |
| 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 | 297% | 123% |
| Dividend safety score | 72 (B) | 82 (A) |
| Fair value estimate | $136.28 | $283.79 |
| Upside to fair value | +31% | +31% |
| Frequency | quarterly | quarterly |
| Market cap | $353.7B | $342.0B |
| P/E ratio | 14.8 | 17.6 |
Higher yield
HSBC
3.61%
Safer dividend
MS
Grade A
Faster growth
MS
22.4%
Better value
HSBC
+31% upside
HSBC vs MS — FAQ
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