HSBC vs NUW: Which Is the Better Dividend Stock?
As of Nov 5, 2026, HSBC (HSBC Holdings plc) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. NUW offers the higher yield at 4.24%, 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 NUW
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, Nuveen AMT-Free Municipal Value Fund (NUW) has the higher forward dividend yield at 4.24%, versus 2.24% for HSBC Holdings plc (HSBC).
- As of Nov 5, 2026, SmarterDividends grades HSBC's dividend safety B (68/100) and NUW's C (62/100).
- By SmarterDividends' count as of Nov 5, 2026, HSBC has raised its dividend for 0 consecutive years and NUW for 4.
- As of Nov 5, 2026, HSBC pays out 54% of its earnings as dividends and NUW pays out 67%.
- As of Nov 5, 2026, HSBC's fair-value estimate is 65% above its share price and NUW's fair-value estimate is 14% below its share price, so HSBC looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "HSBC vs NUW: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/hsbc-vs-nuw
| Metric | HSBC | NUW |
|---|---|---|
| Forward yield | 2.24% | 4.24% |
| Annual dividend | $2.00 | $0.58 |
| Payout ratio | 54% | 67% |
| Years of growth | 0 yr | 4 yr |
| 5-yr dividend growth | -13.8% | 4.7% |
| 5-yr total return | 209% | -17% |
| Dividend safety score | 68 (B) | 62 (C) |
| Fair value estimate | $145.65 | $11.86 |
| Upside to fair value | +65% | -14% |
| Frequency | quarterly | monthly |
| Market cap | $301.5B | $246.1M |
| P/E ratio | 11.5 | 15.8 |
Higher yield
NUW
4.24%
Safer dividend
HSBC
Grade B
Faster growth
NUW
4.7%
Better value
HSBC
+65% upside
HSBC vs NUW — FAQ
Is HSBC or NUW a better dividend stock?
On the data, HSBC wins more head-to-head categories (5 vs 3). NUW offers the higher yield (4.24%), 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 NUW?
NUW has the higher forward dividend yield at 4.24%, versus 2.24% for HSBC.
Is HSBC or NUW safer?
HSBC has the higher dividend-safety score (68/100 vs 62/100), reflecting stronger payout coverage and dividend-growth history.
Is HSBC or NUW 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 NUW, its fair-value estimate is 14% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.