HSBC vs PNC: Which Is the Better Dividend Stock?
As of Oct 23, 2026, PNC (The PNC Financial Services Group, Inc.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. HSBC offers the higher yield at 4.08%, PNC has the higher dividend-safety score, and HSBC looks like the better value (its fair-value estimate is 48% above its share price).
Key facts: HSBC vs PNC
Data as of · Source: SmarterDividends data
- As of Oct 23, 2026, HSBC Holdings plc (HSBC) has the higher forward dividend yield at 4.08%, versus 3.55% for The PNC Financial Services Group, Inc. (PNC).
- As of Oct 23, 2026, SmarterDividends grades HSBC's dividend safety B (72/100) and PNC's A (86/100).
- By SmarterDividends' count as of Oct 23, 2026, HSBC has raised its dividend for 0 consecutive years and PNC for 15.
- As of Oct 23, 2026, HSBC pays out 54% of its earnings as dividends and PNC pays out 37%.
- As of Oct 23, 2026, HSBC's fair-value estimate is 48% above its share price and PNC's fair-value estimate is 46% above its share price, so HSBC looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "HSBC vs PNC: Dividend Yield, Safety & Value Compared," updated Oct 23, 2026, https://smarterdividends.com/compare/hsbc-vs-pnc
| Metric | HSBC | PNC |
|---|---|---|
| Forward yield | 4.08% | 3.55% |
| Annual dividend | $3.75 | $8.00 |
| Payout ratio | 54% | 37% |
| Years of growth | 0 yr | 15 yr |
| 5-yr dividend growth | -13.8% | 7.5% |
| 5-yr total return | 228% | 14% |
| Dividend safety score | 72 (B) | 86 (A) |
| Fair value estimate | $135.99 | $328.66 |
| Upside to fair value | +48% | +46% |
| Frequency | quarterly | quarterly |
| Market cap | $314.3B | $90.0B |
| P/E ratio | 13.1 | 11.9 |
Higher yield
HSBC
4.08%
Safer dividend
PNC
Grade A
Faster growth
PNC
7.5%
Better value
HSBC
+48% upside
HSBC vs PNC — FAQ
Is HSBC or PNC a better dividend stock?
On the data, PNC wins more head-to-head categories (5 vs 3). HSBC offers the higher yield (4.08%), while PNC 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 PNC?
HSBC has the higher forward dividend yield at 4.08%, versus 3.55% for PNC.
Is HSBC or PNC safer?
PNC has the higher dividend-safety score (86/100 vs 72/100), reflecting stronger payout coverage and dividend-growth history.
Is HSBC or PNC better value right now?
As of Oct 23, 2026, HSBC looks like the better value: its fair-value estimate is 48% above its share price (undervalued). For PNC, its fair-value estimate is 46% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.