HSBC vs MSD: Which Is the Better Dividend Stock?
As of Oct 18, 2026, HSBC (HSBC Holdings plc) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. MSD offers the higher yield at 8.68%, HSBC has the higher dividend-safety score, and MSD looks like the better value (its fair-value estimate is 151% above its share price).
Key facts: HSBC vs MSD
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Morgan Stanley Emerging Markets Debt Fund, Inc. (MSD) has the higher forward dividend yield at 8.68%, versus 3.97% for HSBC Holdings plc (HSBC).
- As of Oct 18, 2026, SmarterDividends grades HSBC's dividend safety B (72/100) and MSD's C (60/100).
- As of Oct 18, 2026, HSBC pays out 54% of its earnings as dividends and MSD pays out 57%.
- As of Oct 18, 2026, HSBC's fair-value estimate is 44% above its share price and MSD's fair-value estimate is 151% above its share price, so MSD looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "HSBC vs MSD: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/hsbc-vs-msd
| Metric | HSBC | MSD |
|---|---|---|
| Forward yield | 3.97% | 8.68% |
| Annual dividend | $3.75 | $0.59 |
| Payout ratio | 54% | 57% |
| Years of growth | 0 yr | 0 yr |
| 5-yr dividend growth | -13.8% | 11.0% |
| 5-yr total return | 242% | -25% |
| Dividend safety score | 72 (B) | 60 (C) |
| Fair value estimate | $135.99 | $16.93 |
| Upside to fair value | +44% | +151% |
| Frequency | quarterly | quarterly |
| Market cap | $323.4B | $136.4M |
| P/E ratio | 13.5 | 6.4 |
Higher yield
MSD
8.68%
Safer dividend
HSBC
Grade B
Faster growth
MSD
11.0%
Better value
MSD
+151% upside
HSBC vs MSD — FAQ
Is HSBC or MSD a better dividend stock?
On the data, HSBC wins more head-to-head categories (4 vs 3). MSD offers the higher yield (8.68%), while HSBC 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 MSD?
MSD has the higher forward dividend yield at 8.68%, versus 3.97% for HSBC.
Is HSBC or MSD safer?
HSBC has the higher dividend-safety score (72/100 vs 60/100), reflecting stronger payout coverage and dividend-growth history.
Is HSBC or MSD better value right now?
As of Oct 18, 2026, MSD looks like the better value: its fair-value estimate is 151% above its share price (undervalued). For HSBC, its fair-value estimate is 44% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.