HSBC vs MZHOF: Which Is the Better Dividend Stock?
As of Nov 5, 2026, HSBC and MZHOF are closely matched. HSBC offers the higher yield at 2.24%, HSBC has the higher dividend-safety score, and HSBC looks like the better value (its fair-value estimate is 65% above its share price).
Key facts: HSBC vs MZHOF
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, HSBC Holdings plc (HSBC) has the higher forward dividend yield at 2.24%, versus 1.94% for Mizuho Financial Group, Inc. (MZHOF).
- As of Nov 5, 2026, SmarterDividends grades HSBC's dividend safety B (68/100) and MZHOF's C (50/100).
- By SmarterDividends' count as of Nov 5, 2026, HSBC has raised its dividend for 0 consecutive years and MZHOF for 3.
- As of Nov 5, 2026, HSBC pays out 54% of its earnings as dividends and MZHOF pays out 26%.
- As of Nov 5, 2026, HSBC's fair-value estimate is 65% above its share price and MZHOF's fair-value estimate is 19% above its share price, so HSBC looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "HSBC vs MZHOF: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/hsbc-vs-mzhof
| Metric | HSBC | MZHOF |
|---|---|---|
| Forward yield | 2.24% | 1.94% |
| Annual dividend | $2.00 | $0.95 |
| Payout ratio | 54% | 26% |
| Years of growth | 0 yr | 3 yr |
| 5-yr dividend growth | -13.8% | 6.9% |
| 5-yr total return | 209% | 260% |
| Dividend safety score | 68 (B) | 50 (C) |
| Fair value estimate | $145.65 | $57.98 |
| Upside to fair value | +65% | +19% |
| Frequency | quarterly | semiannual |
| Market cap | $301.5B | $117.6B |
| P/E ratio | 11.5 | 13.4 |
Higher yield
HSBC
2.24%
Safer dividend
HSBC
Grade B
Faster growth
MZHOF
6.9%
Better value
HSBC
+65% upside
HSBC vs MZHOF — FAQ
Is HSBC or MZHOF a better dividend stock?
HSBC and MZHOF are closely matched. HSBC has the higher yield; HSBC scores better on safety.
Which has a higher dividend yield, HSBC or MZHOF?
HSBC has the higher forward dividend yield at 2.24%, versus 1.94% for MZHOF.
Is HSBC or MZHOF safer?
HSBC has the higher dividend-safety score (68/100 vs 50/100), reflecting stronger payout coverage and dividend-growth history.
Is HSBC or MZHOF better value right now?
As of Nov 5, 2026, HSBC looks like the better value: its fair-value estimate is 65% above its share price (undervalued). For MZHOF, its fair-value estimate is 19% above its share price.
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