SmarterDividends

HSBC vs PLGO: Which Is the Better Dividend Stock?

As of Oct 18, 2026, HSBC (HSBC Holdings plc) screens as the stronger dividend stock, winning 4 of 5 head-to-head metrics. HSBC offers the higher yield at 3.97%, HSBC 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 PLGO

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, HSBC Holdings plc (HSBC) has the higher forward dividend yield at 3.97%, versus 2.37% for Pelagos Insurance Capital Limit (PLGO).
  • As of Oct 18, 2026, SmarterDividends grades HSBC's dividend safety B (72/100) and PLGO's B (71/100).
  • As of Oct 18, 2026, HSBC pays out 54% of its earnings as dividends and PLGO pays out 15%.
  • As of Oct 18, 2026, HSBC's fair-value estimate is 44% above its share price and PLGO's fair-value estimate is 32% below its share price, so HSBC looks like the better value of the two on SmarterDividends' blended model.
Cite this page

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

MetricHSBCPLGO
Forward yield3.97%2.37%
Annual dividend$3.75$0.60
Payout ratio54%15%
Years of growth0 yr0 yr
5-yr dividend growth-13.8%—
5-yr total return242%—
Dividend safety score72 (B)71 (B)
Fair value estimate$135.99$17.22
Upside to fair value+44%-32%
Frequencyquarterlyquarterly
Market cap$323.4B$2.1B
P/E ratio13.56.2

Higher yield

HSBC

3.97%

Safer dividend

HSBC

Grade B

Faster growth

HSBC

-13.8%

Better value

HSBC

+44% upside

HSBC vs PLGO — FAQ

Is HSBC or PLGO a better dividend stock?

On the data, HSBC wins more head-to-head categories (4 vs 1). HSBC offers the higher yield (3.97%), 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 PLGO?

HSBC has the higher forward dividend yield at 3.97%, versus 2.37% for PLGO.

Is HSBC or PLGO safer?

HSBC has the higher dividend-safety score (72/100 vs 71/100), reflecting stronger payout coverage and dividend-growth history.

Is HSBC or PLGO 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 PLGO, its fair-value estimate is 32% below its share price.

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