SmarterDividends

HSBC vs NTRSO: Which Is the Better Dividend Stock?

As of Oct 18, 2026, HSBC and NTRSO are closely matched. NTRSO offers the higher yield at 6.40%, NTRSO 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 NTRSO

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Northern Trust Corporation (NTRSO) has the higher forward dividend yield at 6.40%, versus 3.97% for HSBC Holdings plc (HSBC).
  • As of Oct 18, 2026, SmarterDividends grades HSBC's dividend safety B (72/100) and NTRSO's B (73/100).
  • As of Oct 18, 2026, HSBC's fair-value estimate is 44% above its share price and NTRSO's fair-value estimate is 23% above its share price, so HSBC looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "HSBC vs NTRSO: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/hsbc-vs-ntrso

MetricHSBCNTRSO
Forward yield3.97%6.40%
Annual dividend$3.75$1.18
Payout ratio54%—
Years of growth0 yr0 yr
5-yr dividend growth-13.8%0.0%
5-yr total return242%-30%
Dividend safety score72 (B)73 (B)
Fair value estimate$135.99$22.51
Upside to fair value+44%+23%
Frequencyquarterlyquarterly
Market cap$323.4B—
P/E ratio13.52.5

Higher yield

NTRSO

6.40%

Safer dividend

NTRSO

Grade B

Faster growth

NTRSO

0.0%

Better value

HSBC

+44% upside

HSBC vs NTRSO — FAQ

Is HSBC or NTRSO a better dividend stock?

HSBC and NTRSO are closely matched. NTRSO has the higher yield; NTRSO scores better on safety.

Which has a higher dividend yield, HSBC or NTRSO?

NTRSO has the higher forward dividend yield at 6.40%, versus 3.97% for HSBC.

Is HSBC or NTRSO safer?

NTRSO has the higher dividend-safety score (73/100 vs 72/100), reflecting stronger payout coverage and dividend-growth history.

Is HSBC or NTRSO 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 NTRSO, its fair-value estimate is 23% above its share price.

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.