HSBC vs ONBPO: Which Is the Better Dividend Stock?
As of Oct 18, 2026, HSBC and ONBPO are closely matched. ONBPO offers the higher yield at 7.00%, ONBPO 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 ONBPO
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Old National Bancorp (ONBPO) has the higher forward dividend yield at 7.00%, versus 3.97% for HSBC Holdings plc (HSBC).
- As of Oct 18, 2026, SmarterDividends grades HSBC's dividend safety B (72/100) and ONBPO's B (78/100).
- As of Oct 18, 2026, HSBC's fair-value estimate is 44% above its share price and ONBPO's fair-value estimate is 40% above its share price, so HSBC looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "HSBC vs ONBPO: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/hsbc-vs-onbpo
| Metric | HSBC | ONBPO |
|---|---|---|
| Forward yield | 3.97% | 7.00% |
| Annual dividend | $3.75 | $1.75 |
| Payout ratio | 54% | — |
| Years of growth | 0 yr | 0 yr |
| 5-yr dividend growth | -13.8% | 4.1% |
| 5-yr total return | 242% | -9% |
| Dividend safety score | 72 (B) | 78 (B) |
| Fair value estimate | $135.99 | $35.10 |
| Upside to fair value | +44% | +40% |
| Frequency | quarterly | quarterly |
| Market cap | $323.4B | — |
| P/E ratio | 13.5 | 28.1 |
Higher yield
ONBPO
7.00%
Safer dividend
ONBPO
Grade B
Faster growth
ONBPO
4.1%
Better value
HSBC
+44% upside
HSBC vs ONBPO — FAQ
Is HSBC or ONBPO a better dividend stock?
HSBC and ONBPO are closely matched. ONBPO has the higher yield; ONBPO scores better on safety.
Which has a higher dividend yield, HSBC or ONBPO?
ONBPO has the higher forward dividend yield at 7.00%, versus 3.97% for HSBC.
Is HSBC or ONBPO safer?
ONBPO has the higher dividend-safety score (78/100 vs 72/100), reflecting stronger payout coverage and dividend-growth history.
Is HSBC or ONBPO 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 ONBPO, its fair-value estimate is 40% above its share price.
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