SmarterDividends

HSBC vs MS: Which Is the Better Dividend Stock?

As of July 2026, MS (Morgan Stanley) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. HSBC offers the higher yield at 3.73%, MS has the higher dividend-safety score, and MS trades at the larger discount to fair value (+29%).

MetricHSBCMS
Forward yield3.73%2.13%
Annual dividend$3.75$4.60
Payout ratio62%32%
Years of growth0 yr12 yr
5-yr dividend growth-13.8%22.4%
5-yr total return281%106%
Dividend safety score70 (B)80 (A)
Fair value estimate$127.75$278.68
Upside to fair value+27%+29%
Frequencyquarterlyquarterly
Market cap$339.6B$331.6B
P/E ratio16.617.4

Higher yield

HSBC

3.73%

Safer dividend

MS

Grade A

Faster growth

MS

22.4%

Better value

MS

+29% upside

HSBC vs MS — FAQ

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