HSBC vs NTRS: Which Is the Better Dividend Stock?
As of Oct 23, 2026, HSBC and NTRS are closely matched. HSBC offers the higher yield at 4.08%, NTRS has the higher dividend-safety score, and HSBC looks like the better value (its fair-value estimate is 48% above its share price).
Key facts: HSBC vs NTRS
Data as of · Source: SmarterDividends data
- As of Oct 23, 2026, HSBC Holdings plc (HSBC) has the higher forward dividend yield at 4.08%, versus 2.12% for Northern Trust Corporation (NTRS).
- As of Oct 23, 2026, SmarterDividends grades HSBC's dividend safety B (72/100) and NTRS's A (94/100).
- As of Oct 23, 2026, HSBC pays out 54% of its earnings as dividends and NTRS pays out 27%.
- As of Oct 23, 2026, HSBC's fair-value estimate is 48% above its share price and NTRS's fair-value estimate is 4% above its share price, so HSBC looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "HSBC vs NTRS: Dividend Yield, Safety & Value Compared," updated Oct 23, 2026, https://smarterdividends.com/compare/hsbc-vs-ntrs
| Metric | HSBC | NTRS |
|---|---|---|
| Forward yield | 4.08% | 2.12% |
| Annual dividend | $3.75 | $3.28 |
| Payout ratio | 54% | 27% |
| Years of growth | 0 yr | 1 yr |
| 5-yr dividend growth | -13.8% | 2.1% |
| 5-yr total return | 242% | 43% |
| Dividend safety score | 72 (B) | 94 (A) |
| Fair value estimate | $135.99 | $172.36 |
| Upside to fair value | +48% | +4% |
| Frequency | quarterly | quarterly |
| Market cap | $314.3B | $30.3B |
| P/E ratio | 13.1 | 13.1 |
Higher yield
HSBC
4.08%
Safer dividend
NTRS
Grade A
Faster growth
NTRS
2.1%
Better value
HSBC
+48% upside
HSBC vs NTRS — FAQ
Is HSBC or NTRS a better dividend stock?
HSBC and NTRS are closely matched. HSBC has the higher yield; NTRS scores better on safety.
Which has a higher dividend yield, HSBC or NTRS?
HSBC has the higher forward dividend yield at 4.08%, versus 2.12% for NTRS.
Is HSBC or NTRS safer?
NTRS has the higher dividend-safety score (94/100 vs 72/100), reflecting stronger payout coverage and dividend-growth history.
Is HSBC or NTRS better value right now?
As of Oct 23, 2026, HSBC looks like the better value: its fair-value estimate is 48% above its share price (undervalued). For NTRS, its fair-value estimate is 4% above its share price.
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