HSBC vs ONBPP: Which Is the Better Dividend Stock?
As of Oct 18, 2026, HSBC and ONBPP are closely matched. ONBPP offers the higher yield at 6.99%, ONBPP 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 ONBPP
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Old National Bancorp (ONBPP) has the higher forward dividend yield at 6.99%, versus 3.97% for HSBC Holdings plc (HSBC).
- As of Oct 18, 2026, SmarterDividends grades HSBC's dividend safety B (72/100) and ONBPP's B (78/100).
- As of Oct 18, 2026, HSBC's fair-value estimate is 44% above its share price and ONBPP'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 ONBPP: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/hsbc-vs-onbpp
| Metric | HSBC | ONBPP |
|---|---|---|
| Forward yield | 3.97% | 6.99% |
| Annual dividend | $3.75 | $1.75 |
| Payout ratio | 54% | — |
| Years of growth | 0 yr | 0 yr |
| 5-yr dividend growth | -13.8% | 0.0% |
| 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
ONBPP
6.99%
Safer dividend
ONBPP
Grade B
Faster growth
ONBPP
0.0%
Better value
HSBC
+44% upside
HSBC vs ONBPP — FAQ
Is HSBC or ONBPP a better dividend stock?
HSBC and ONBPP are closely matched. ONBPP has the higher yield; ONBPP scores better on safety.
Which has a higher dividend yield, HSBC or ONBPP?
ONBPP has the higher forward dividend yield at 6.99%, versus 3.97% for HSBC.
Is HSBC or ONBPP safer?
ONBPP has the higher dividend-safety score (78/100 vs 72/100), reflecting stronger payout coverage and dividend-growth history.
Is HSBC or ONBPP 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 ONBPP, its fair-value estimate is 40% above its share price.
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.