HSBC vs MTG: Which Is the Better Dividend Stock?
As of Oct 18, 2026, HSBC and MTG are closely matched. HSBC offers the higher yield at 3.97%, MTG has the higher dividend-safety score, and HSBC looks like the better value (its fair-value estimate is 44% above its share price).
Key facts: HSBC vs MTG
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, HSBC Holdings plc (HSBC) has the higher forward dividend yield at 3.97%, versus 2.44% for MGIC Investment Corporation (MTG).
- As of Oct 18, 2026, SmarterDividends grades HSBC's dividend safety B (72/100) and MTG's A (81/100).
- By SmarterDividends' count as of Oct 18, 2026, HSBC has raised its dividend for 0 consecutive years and MTG for 5.
- As of Oct 18, 2026, HSBC pays out 54% of its earnings as dividends and MTG pays out 19%.
- As of Oct 18, 2026, HSBC's fair-value estimate is 44% above its share price and MTG's fair-value estimate is 0% above its share price, so HSBC looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "HSBC vs MTG: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/hsbc-vs-mtg
| Metric | HSBC | MTG |
|---|---|---|
| Forward yield | 3.97% | 2.44% |
| Annual dividend | $3.75 | $0.68 |
| Payout ratio | 54% | 19% |
| Years of growth | 0 yr | 5 yr |
| 5-yr dividend growth | -13.8% | 18.5% |
| 5-yr total return | 242% | 98% |
| Dividend safety score | 72 (B) | 81 (A) |
| Fair value estimate | $135.99 | $27.86 |
| Upside to fair value | +44% | +0% |
| Frequency | quarterly | quarterly |
| Market cap | $323.4B | $5.7B |
| P/E ratio | 13.5 | 8.7 |
Higher yield
HSBC
3.97%
Safer dividend
MTG
Grade A
Faster growth
MTG
18.5%
Better value
HSBC
+44% upside
HSBC vs MTG — FAQ
Is HSBC or MTG a better dividend stock?
HSBC and MTG are closely matched. HSBC has the higher yield; MTG scores better on safety.
Which has a higher dividend yield, HSBC or MTG?
HSBC has the higher forward dividend yield at 3.97%, versus 2.44% for MTG.
Is HSBC or MTG safer?
MTG has the higher dividend-safety score (81/100 vs 72/100), reflecting stronger payout coverage and dividend-growth history.
Is HSBC or MTG better value right now?
As of Oct 18, 2026, HSBC looks like the better value: its fair-value estimate is 44% above its share price (undervalued). For MTG, its fair-value estimate is 0% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.