HSBC vs RF: Which Is the Better Dividend Stock?
As of Oct 18, 2026, RF (Regions Financial Corporation) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. RF offers the higher yield at 4.39%, RF has the higher dividend-safety score, and RF looks like the better value (its fair-value estimate is 58% above its share price).
Key facts: HSBC vs RF
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Regions Financial Corporation (RF) has the higher forward dividend yield at 4.39%, versus 3.97% for HSBC Holdings plc (HSBC).
- As of Oct 18, 2026, SmarterDividends grades HSBC's dividend safety B (72/100) and RF's A (86/100).
- By SmarterDividends' count as of Oct 18, 2026, HSBC has raised its dividend for 0 consecutive years and RF for 13.
- As of Oct 18, 2026, HSBC pays out 54% of its earnings as dividends and RF pays out 43%.
- As of Oct 18, 2026, HSBC's fair-value estimate is 44% above its share price and RF's fair-value estimate is 58% above its share price, so RF looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "HSBC vs RF: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/hsbc-vs-rf
| Metric | HSBC | RF |
|---|---|---|
| Forward yield | 3.97% | 4.39% |
| Annual dividend | $3.75 | $1.20 |
| Payout ratio | 54% | 43% |
| Years of growth | 0 yr | 13 yr |
| 5-yr dividend growth | -13.8% | 10.7% |
| 5-yr total return | 242% | 21% |
| Dividend safety score | 72 (B) | 86 (A) |
| Fair value estimate | $135.99 | $43.41 |
| Upside to fair value | +44% | +58% |
| Frequency | quarterly | quarterly |
| Market cap | $323.4B | $23.4B |
| P/E ratio | 13.5 | 11.2 |
Higher yield
RF
4.39%
Safer dividend
RF
Grade A
Faster growth
RF
10.7%
Better value
RF
+58% upside
HSBC vs RF — FAQ
Is HSBC or RF a better dividend stock?
On the data, RF wins more head-to-head categories (6 vs 2). RF offers the higher yield (4.39%), while RF 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 RF?
RF has the higher forward dividend yield at 4.39%, versus 3.97% for HSBC.
Is HSBC or RF safer?
RF has the higher dividend-safety score (86/100 vs 72/100), reflecting stronger payout coverage and dividend-growth history.
Is HSBC or RF better value right now?
As of Oct 18, 2026, RF looks like the better value: its fair-value estimate is 58% 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.