HSBC vs PCM: Which Is the Better Dividend Stock?
As of Oct 27, 2026, HSBC (HSBC Holdings plc) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. PCM offers the higher yield at 15.70%, HSBC has the higher dividend-safety score, and PCM looks like the better value (its fair-value estimate is 65% above its share price).
Key facts: HSBC vs PCM
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, PCM Fund Inc. (PCM) has the higher forward dividend yield at 15.70%, versus 4.11% for HSBC Holdings plc (HSBC).
- As of Oct 27, 2026, SmarterDividends grades HSBC's dividend safety B (72/100) and PCM's C (51/100).
- As of Oct 27, 2026, HSBC pays out 54% of its earnings as dividends and PCM pays out 203%.
- As of Oct 27, 2026, HSBC's fair-value estimate is 51% above its share price and PCM's fair-value estimate is 65% above its share price, so PCM looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "HSBC vs PCM: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/hsbc-vs-pcm
| Metric | HSBC | PCM |
|---|---|---|
| Forward yield | 4.11% | 15.70% |
| Annual dividend | $3.75 | $0.77 |
| Payout ratio | 54% | 203% |
| Years of growth | 0 yr | 0 yr |
| 5-yr dividend growth | -13.8% | -4.4% |
| 5-yr total return | 228% | -56% |
| Dividend safety score | 72 (B) | 51 (C) |
| Fair value estimate | $137.57 | $8.11 |
| Upside to fair value | +51% | +65% |
| Frequency | quarterly | monthly |
| Market cap | $311.9B | $60.9M |
| P/E ratio | 13.0 | 12.9 |
Higher yield
PCM
15.70%
Safer dividend
HSBC
Grade B
Faster growth
PCM
-4.4%
Better value
PCM
+65% upside
HSBC vs PCM — FAQ
Is HSBC or PCM a better dividend stock?
On the data, HSBC wins more head-to-head categories (4 vs 3). PCM offers the higher yield (15.70%), 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 PCM?
PCM has the higher forward dividend yield at 15.70%, versus 4.11% for HSBC.
Is HSBC or PCM safer?
HSBC has the higher dividend-safety score (72/100 vs 51/100), reflecting stronger payout coverage and dividend-growth history.
Is HSBC or PCM better value right now?
As of Oct 27, 2026, PCM looks like the better value: its fair-value estimate is 65% above its share price (undervalued). For HSBC, its fair-value estimate is 51% above its share price.
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.