HSBC vs QQQX: Which Is the Better Dividend Stock?
As of Oct 18, 2026, QQQX (Nuveen Nasdaq 100 Dynamic Overwrite Fund) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. QQQX offers the higher yield at 9.87%, HSBC has the higher dividend-safety score, and QQQX looks like the better value (its fair-value estimate is 96% above its share price).
Key facts: HSBC vs QQQX
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Nuveen Nasdaq 100 Dynamic Overwrite Fund (QQQX) has the higher forward dividend yield at 9.87%, versus 3.97% for HSBC Holdings plc (HSBC).
- As of Oct 18, 2026, SmarterDividends grades HSBC's dividend safety B (72/100) and QQQX's C (59/100).
- By SmarterDividends' count as of Oct 18, 2026, HSBC has raised its dividend for 0 consecutive years and QQQX for 2.
- As of Oct 18, 2026, HSBC pays out 54% of its earnings as dividends and QQQX pays out 40%.
- As of Oct 18, 2026, HSBC's fair-value estimate is 44% above its share price and QQQX's fair-value estimate is 96% above its share price, so QQQX looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "HSBC vs QQQX: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/hsbc-vs-qqqx
| Metric | HSBC | QQQX |
|---|---|---|
| Forward yield | 3.97% | 9.87% |
| Annual dividend | $3.75 | $2.95 |
| Payout ratio | 54% | 40% |
| Years of growth | 0 yr | 2 yr |
| 5-yr dividend growth | -13.8% | 7.5% |
| 5-yr total return | 242% | 0% |
| Dividend safety score | 72 (B) | 59 (C) |
| Fair value estimate | $135.99 | $58.85 |
| Upside to fair value | +44% | +96% |
| Frequency | quarterly | quarterly |
| Market cap | $323.4B | $1.5B |
| P/E ratio | 13.5 | 4.9 |
Higher yield
QQQX
9.87%
Safer dividend
HSBC
Grade B
Faster growth
QQQX
7.5%
Better value
QQQX
+96% upside
HSBC vs QQQX — FAQ
Is HSBC or QQQX a better dividend stock?
On the data, QQQX wins more head-to-head categories (5 vs 3). QQQX offers the higher yield (9.87%), 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 QQQX?
QQQX has the higher forward dividend yield at 9.87%, versus 3.97% for HSBC.
Is HSBC or QQQX safer?
HSBC has the higher dividend-safety score (72/100 vs 59/100), reflecting stronger payout coverage and dividend-growth history.
Is HSBC or QQQX better value right now?
As of Oct 18, 2026, QQQX looks like the better value: its fair-value estimate is 96% above its share price (undervalued). For HSBC, its fair-value estimate is 44% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.